Deutsche Bank is "a very profitable bank," the German chancellor has stated as its shares has fell by 15% Deutsche Bank – Germany’s by far largest lender – would hardly suffer the same fate as embattled Credit Suisse, German Chancellor Olaf Scholz assured journalists on Friday. There was no reason to be concerned about the bank's health, he said at a press conference in Brussels as the bank's shares fell 15% in a single day. "Deutsche Bank has fundamentally modernized and reorganized its business model and is a very profitable bank," Scholz told journalists when barraged with questions about the lender. "There is
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