(Bloomberg) -- Deutsche Bank AG shares fell as much as 5.1%, touching a new session low, as investors reacted to the restructuring announced over the weekend.
The stock, which rose as much as 4.4% in early trading, turned lower by late morning. The bank’s profitability targets “appear unrealistic,” Thomas Hallett, an analyst at KBW, said in a note.
To contact the reporter on this story: Phil Serafino in Paris at pserafino@bloomberg.net
To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net
