grayhair Posted October 2, 2016 Share Posted October 2, 2016 (edited) Highly leveraged and barely profitable, tough sledding ahead. Lots more to this than covered in this article... https://www.bloomberg.com/gadfly/articles/2016-09-30/deutsche-bank-can-only-say-so-much-to-stem-the-turmoil Also this, snipped from an article in Zero Hedge Deutsche Bank Charged By Italy For Market Manipulation, Creating False Accounts by Tyler Durden Oct 1, 2016 10:08 AM ...moments ago Bloomberg reported that six current and former managers of Deutsche Bank, including Michele Faissola, Michele Foresti and Ivor Dunbar, were charged in Milan for colluding to falsify the accounts of Italy’s third-biggest bank, Monte Paschi (which itself is so insolvent it is currently scrambling to finalize a private sector bailout) and manipulate the market. Two former executives at Nomura Holdings Inc. and five at Banca Monte dei Paschi di Siena were also charged. Edited October 2, 2016 by grayhair Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.