Deutsche Bank shares fall as credit default swaps rise

CLOSING FOR THE DAY. TO CNBC LIVE IN LONDON. >> Reporter: THE MARKETS HAVE GONE DOWN TODAY, HIT A LOT BY THE BANKING STOCKS. DEUTSCHE BANK IN FOCUS. IT DOES FOLLOW ON FROM ACROSS THE GLOBE FROM THE U.S. HAVING SEEN SIGNATURE SILVER BANK AND ALL THE OTHERS. IN KEY FOCUS TODAY DOES FLOW ON FROM YESTERDAY’S BIG JUMP IN THE CDSs WE SAW WHICH GAVE NO APPARENT CLEAR REASON FOR THAT SPIKE IN THE CDSs BUT THAT NUMBER JUMPING UP INCREASING FEARS. WE SAW THAT STOCK DOWN AS MUCH AS 14% TODAY. BY THE END OF TRADE AROUND 8%

WEAKER 8.6% BY THE END OF THE CLOSE OF THE TRADING DAY. 5% WEAKER WITH THE BANKING STOCKS OVERALL, TOO. THEY HAD AN OVERALL WEAKNESS. THE SENTIMENT IS WORRISOME AS TO WHERE EXACTLY DO THEY CURRENTLY SIT. OF COURSE THE KEY SENTIMENTS HAVE BEEN WITH ENOUGH LIQUIDITY IN THE MARKETS THE BANKING STOCKS SHOULD BE FINE. THE GENERATE ACROSS THE BOARD DOES SHOW THERE IS SOME FEAR EUROPEAN LEADERS HAVE BEEN AT A SUMMIT TODAY AND ALSO JUST SHARING SENTIMENT. THE GERMAN CHANCELLOR OLAF SCHOLZ SPEAKING ABOUT HOW DEUTS