Frankfurt After the emergency takeover of Credit Suisse by UBS, there was also unrest on the German stock market on Monday: After the start of trading, the leading German index was initially 1.8 percent down at 14,500 points, but was able to make up for a large part of the losses. In the morning, the Dax is still 0.4 percent lower at 14,708 points.
Bank stocks in particular are coming under pressure. The European banking index fell by 3.8 percent. Deutsche Bank loses 6.7 percent, Commerzbank is 5.8 percent lower. In Switzerland, Credit Suisse shares fell by 63 percent to CHF 0.68, while UBS lost 16 percent.
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