Deutsche Bank shares plunge to 24-year low

Price drops 7.5 per cent as markets worry about bank's ability to meet possible $14bn fine from US justice department

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(Image credit: Hannelore Foerster/Getty Images)

Deutsche Bank shares recorded another catastrophic one-day fall on Monday, as markets fretted it will be unable to meet a massive fine in the US.

Stock tumbled 7.5 per cent, says the Financial Times, the "worst single-day loss since the lender was threatened with a prospective $14bn (£11bn) fine from the US Department of Justice earlier this month".

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