Deutsche Bank's Slow Bleed Continues as a Pivotal Month Begins

  • Tumultuous week ends with company trading near a record low
  • Weeks ahead will feature Fed stress tests and major job cuts

Christian Sewing, chief executive officer of Deutsche Bank AG, is displayed on a television camera monitor as he speaks at the German lender's annual general meeting in Frankfurt.

Photographer: Krisztian Bocsi/Bloomberg
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Deutsche Bank AG just ended a roller-coaster week. June doesn’t look any less harrowing.

Shares of Europe’s largest investment bank are trading near a record low, as short sellers pile on and credit derivative traders once again signal doubts about the firm’s health. It’s part of a painful pattern for the bank and its investors: Another spate of bad headlines keeps outweighing the good.