Deutsche Bank collapse risks increased with Brexit

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Flanker2
Posts: 1741
Joined: 05 Dec 2012, 23:15

Deutsche Bank collapse risks increased with Brexit

Post by Flanker2 »

As is known for a while in the financial world, Deutsche Bank is a dark cloud hanging over our financial system.
MILAN, June 30 (Reuters) - European shares rose for a third straight session on Thursday, with expectations of central bank stimulus helping ease jitters over Britain's vote last week to exit the European Union.

Deutsche Bank however fell to an all-time low after its U.S. unit failed stress tests and the IMF said the German bank was the biggest potential risk to the wider financial system.
http://finance.yahoo.com/news/deutsche- ... 08923.html
Deutsche is high on the list of non-UK banks exposed to Brexit risk, as it has significant London-based operations and about 20% of its revenue reportedly comes from the UK. It is also cutting staff, and the IMF report notes that “repeated fines for involvement in the systematic manipulation of benchmarks, misleading regulators, and violating U.S. restrictions on conducting business with sanctioned countries hit Deutsche Bank’s bottom line and may be indicative of corporate governance issues.”

The IMF report highlights the interconnectedness of international finance, which, in a worst-case scenario, could mean that Brexit poses a systemic risk not just to the commercial real estate market but to the global financial system at large.
http://www.forbes.com/sites/elyrazin/20 ... d3728e2bd6

Could it be the next Lehman Brothers?
If this happens, it will be pretty bad.

beko288
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Joined: 22 Aug 2017, 12:54
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Re: Deutsche Bank collapse risks increased with Brexit

Post by beko288 »

Can anyone confirm this?

ChrisTi
Posts: 1
Joined: 21 Nov 2017, 10:58

Re: Deutsche Bank collapse risks increased with Brexit

Post by ChrisTi »

beko2r88 wrote: 28 Aug 2017, 14:29 Can anyone confirm that the sizegenetics works on this?
Confirm what? That Deutche Bank is in trouble? Sure, I can confirm that.
Last edited by ChrisTi on 25 Sep 2019, 09:37, edited 2 times in total.

dany271
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Joined: 09 May 2017, 14:47
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Re: Deutsche Bank collapse risks increased with Brexit

Post by dany271 »

Good info !
pzdr

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