FTSE 100 also falls amid fears another bank could slip into trouble after UBS takeover of Credit Suisse

Germany’s Deutsche Bank has led a sell-off in European banking shares amid mounting fears another bank could slip into trouble after the emergency merger of UBS and Credit Suisse last week.

However, some strategists and investors cautioned that it might be a fear-induced sell-off, rather than having been triggered by concerns over liquidity at Deutsche.

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