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Deutsche Bank problems eat away at STI's gains

Published Fri, Sep 30, 2016 · 09:50 PM

EIGHT years after the US sub-prime debacle, its effects are still being felt, this time in the form of worries that Germany's Deutsche Bank could, because of its role in selling junk mortgages that led to the 2008s crisis, go belly-up and trigger a repeat meltdown of the financial system.

On Friday, news that hedge funds have reduced their exposure to Deutsche Bank brought pressure to bear on al…

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