Big C wrote: » For the treatment I/we got from NIB I won't shed any tears for this shower of Sh**s
everlast75 wrote: » is it not a case of a self fulfilling prophecy? enough media groups report it (regardless of whether it is true or not) and it has the effect of spooking the stock market.. which causes a collapse
Autonomous Cowherd wrote: » Deutsche Bank - Is it going to collapse
Son Of A Vidic wrote: » Maybe they'll come to us for another bail out, since we're pretty good at covering the sins of others and bailing out corrupt, scumbag banks.
Autonomous Cowherd wrote: » There seems to be a lot of uncertainty about Deutsche bank. The people at the bank say the uncertainty is being exaggerated and ...yet...the share price drops and drops. If Deutsche bank gets a bail out from state, it is likely to play out badly for Merkel. If the bank collapses, it is likely to be the first of many, creating a domino effect with Italian banks for example. I am a complete amateur in the field of International finance, but having studied up recently (by watching The Big Short ) I am surprised there is not more media coverage of this possible event. It could be pretty nasty if it all slips away. Here are a few examples of the various sources I have been reading, from the stiff suits to the weirdos.http://www.irishtimes.com/business/financial-services/deutsche-bank-crisis-threatens-meltdown-beyond-german-borders-1.2811798http://www.telegraph.co.uk/business/2016/09/29/deutsche-bank-under-pressure-as-hedge-funds-cut-exposure/http://www.marketwatch.com/story/angela-merkel-has-bungled-the-deutsche-bank-crisis-like-everything-else-2016-09-30https://steemit.com/money/@dollarvigilante/deutsche-bank-hangs-by-a-thread-on-eve-of-jubilee I am interested in what people think about this. And in learning more. Thanks.
oppenheimer1 wrote: » Deutsche Bank will be bought out, merged or bailed out. The institution won't be let collapse because it would trigger another financial crisis. If Lehman was saved there would have been time to unwind the other banks positions. This probably would have led to long stagnant period, instead of a sharp deep recession.
Dear Colleagues, You will have seen speculation in the media that a few of our hedge fund clients have reduced some activities with us. That is causing unjustified concerns. We should consider this in the context of the bigger picture: Deutsche Bank overall has more than 20 million clients. I understand if you feel concerned by the extensive coverage on this issue. Our bank has become subject to speculation. Ongoing rumors are causing significant swings in our stock price. It is our task now to prevent distorted perception from further interrupting our daily business. Trust is the foundation of banking. Some forces in the markets are currently trying to damage this trust. Deutsche Bank has strong fundamentals. Let me mention some of the most important facts at this point: 1. We fulfill all current capital requirements and our restructuring is well on track. We completed the disposal of the British insurer Abbey Life this week and the sale of our stake in the Chinese Hua Xia Bank will be finalized soon. This will further improve our capital ratio. 2. We have significantly decreased our market and credit risk in recent years. At no point in the last two decades has the balance sheet of Deutsche Bank been as stable as it is today. 3. Despite low interest rates and a difficult environment we posted a pre-tax profit of about 1 billion euros in the first half of 2016. Before extraordinary items like restructuring costs, we earned about 1.7 billion euros. This demonstrates the operating strength of Deutsche Bank. 4. In a situation like this, the most important factor is our liquidity reserves. Currently they still amount to more than 215 billion euros. This is an extremely comfortable buffer. This is clear proof of how conservatively we have planned. This is acknowledged by numerous banking analysts. There is therefore no basis for this speculation. Nor can uncertainty about the outcome of our litigation cases in the US explain this pressure on our stock price, if we take the settlements of our peers as a benchmark. You have all done a tremendous job over the past few days. You are the ones who are in constant contact with our clients and making it clear how Deutsche Bank is really doing. You are Deutsche Bank – that is impressively clear. All of us in the Management Board highly appreciate it. You will hear back from me soon. Please keep working as you have been doing so far. We are and we remain a strong Deutsche Bank. Yours sincerely, John Cryan
Autonomous Cowherd wrote: » Letter today from John Cryan, CEO of Deutsche Bank, to employees... I bolded one sentence. Why would some market forces seek to damage trust?
Cheerful Spring wrote: » Its 4th largest bank in the world, for it to fail it would cause a severe economic crisis for all of us. Would be worse then 2008? The German Government will have to step in if they think its about to fail surely?
Dohnjoe wrote: » The Lehman collapse happened as a result of and during a period of extreme systemic shock (2006/2007) Deutsche is in a healthier position than Lehman in a relatively more stable global situation If Deutsche starts to slip it has more tools at it's disposal, and likewise the DE gov has tools it can use to aid the bank
skywanderer wrote: » Deutsch Bank has a $72 TRILLION exposure, it cannot be saved nor should it, Lehman Brothers was rightly left collapse and Deutsch Bank must be left collapse too. The only way out of this will be to bring back the Gold Standard and forget FIAT currency. Smart investors hoard Gold, Canned Food, Guns and lots of Ammunition.
Autonomous Cowherd wrote: » Letter today from John Cryan, CEO of Deutsche Bank, to employees...
skywanderer wrote: Deutsch Bank has a $72 TRILLION exposure, it cannot be saved nor should it, Lehman Brothers was rightly left collapse and Deutsch Bank must be left collapse too. The only way out of this will be to bring back the Gold Standard and forget FIAT currency.
SEPT 23 1989 wrote: » It will take Europe down with it your move Herr Merkel
skywanderer wrote: » Deutsch Bank has a $72 TRILLION exposure
Smart investors hoard Gold, Canned Food, Guns and lots of Ammunition.
donegaLroad wrote: » lots of the money has been transfered to Switzerland and Lichtenstein (Im just guessing)
