Deutsche Bank Shares Sink to All-Time Low on Danske Concern

The video discusses the current state of the market, focusing on Deutsche Bank and European banks. It highlights the challenges of low growth, market sell-offs, and the impact of negative interest rates on profitability. The analysis covers valuation metrics, capital needs, and sector performance, emphasizing the lack of growth and momentum in the banking sector.

What is the significance of the tangible book value mentioned in the text?

Discuss the implications of negative interest rates on European banks as described in the text.