Deutsche Bank, How Big a Deal?

[william the wie]

Probably the worst run bank in the world but unlike with Lehman Brothers:

The regulatory bodies in Germany and the EU know that the ignorance of UK bankruptcy laws was the proximate cause of turning Krugman's "safe" housing bubble into a global disaster. So, discovery of a new way to screw the pooch will be needed to create a major disaster.

Deutsche bank has the largest derivatives desk possibly in world history. However unlike in the meltdown this is not all concentrated into one or two known toxic areas of the market. So the probable outcome is a long drawn out process of drip, drip, drip.

So, will this turn out reasonably well?

 

[Moonglow]

My dear old Dad, the retired investment securities salesman, always told us never to put all your eggs in one basket...

 

[Ame®icano]

Deutsche Bank Charged By Italy For Market Manipulation, Creating False Accounts

Beside, Markel can't afford to bail out DB, not after denying bailouts to others.

However, with leftists everything is possible.

 

[william the wie]

Yeah this is a big mess.

 

[Toddsterpatriot]

Probably the worst run bank in the world but unlike with Lehman Brothers:

The regulatory bodies in Germany and the EU know that the ignorance of UK bankruptcy laws was the proximate cause of turning Krugman's "safe" housing bubble into a global disaster. So, discovery of a new way to screw the pooch will be needed to create a major disaster.

Deutsche bank has the largest derivatives desk possibly in world history. However unlike in the meltdown this is not all concentrated into one or two known toxic areas of the market. So the probable outcome is a long drawn out process of drip, drip, drip.

So, will this turn out reasonably well?

Deutsche bank has the largest derivatives desk possibly in world history.

Looks like Citi, JPMorgan and Goldman have more than DB had at the end of 2015.

Citigroup Has More Derivatives than 4,701 U.S. Banks Combined; After Blowing Itself Up With Derivatives in 2008