IMF: Deutsche Bank Poses a Greater Risk to Financial Stability than Any Other Bank

(WSP) “Deutsche Bank has reported losses in three of the last four years; its share price has lost 90 percent of its value since February of 2007; as of the close of trading yesterday, Deutsche had $15.25 billion in common equity value versus $49 trillion notional (face amount) in derivatives according to its 2018 annual report. Deutsche Bank has had four different CEOs in just over four years; and it’s now doing the same kind of good bank/bad bank restructuring that Citigroup announced during its own financial crisis”. Read more

Leave a Reply