Deutsche Bank's Stock Plummets 8% Amid Rising Debt Default Bets.

Deutsche Bank's shares fell by 10% in Frankfurt as investors worry about the health of Europe's banks after Credit Suisse's rescue by UBS last week. Credit default swaps linked to the German bank's bonds spiked to 173 basis points on Thursday, their largest one-day rise on record, according to data from Refinitiv. Other European bank stocks also fell on Friday. Deutsche Bank shares have shed over a quarter of their value in March alone.