08:14 ET - Deutsche Bank shares are too cheap to ignore after the stock's steep drops following the U.S. tariff news which heightened uncertainty around growth and policy rates, UBS says in a research note. The German bank has a higher risk business line than its peers which investors fear the most in a downturn given that 28% of revenues are dollars, it has 15 billion euros in U.S. commercial real estate exposure and makes over a third of its income from the investment bank, analysts write. The stock offers cheap exposure to Germany's fiscal spending plans, which should fuel loan growth at DB's corporate bank, drive consumer sentiment and also benefit fees in its corporate and investment bank, they add. Shares are up 4.7% at 20.22 euros. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 14, 2025 08:14 ET (12:14 GMT)
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