Deutsche Bank is officially near collapse. They have laid off some employees as their stock continues to drop. Revenues along with it. This comes at a time in which markets are rising. Post-Financial Crisis, we were told that there would no longer be any Too Big To Fail banks. But in this case, we are facing the juggernaut of the banks. Deutsche Bank carries enough derivatives to collapse the entire financial system.
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Deutsche Bank to cut at least 250 investment banking jobs -source
https://www.reuters.com/article/us-deutsche-bank-layoffs/deutsche-bank-to-cut-at-least-250-investment-banking-jobs-source-idUSKCN1G31GG?utm_source=34553&utm_medium=partner
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Deutsche Bank to Cut at Least 250 Banker Jobs - Bloomberg
https://www.bloomberg.com/news/articles/2018-02-19/deutsche-bank-is-said-to-cut-at-least-250-investment-bank-jobs
2018-02-19_5-44-32.jpg (890×496)
Deutsche Bank: 5 Things You Should Know | Fortune
http://fortune.com/2016/09/27/deutsche-bank/
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I personally do not believe that while Deutsche Bank should collapse, it will not be allowed to. It may need to be nationalized or its debt "restructured" and bailed-in. Who knows? All I know is that the entire financial system is at risk because of 1 company holding onto the world's biggest portfolio. Nothing can ever truly bail it out.
Do you think this is anything to worry about? Because the financial media and even alternative media doesn't seem to cover it.
Derivatives nosediving and banks simultaneously collapsing are completely something to worry about.
Upvoted ☝ Have a great day!
maybe its high time for this market to give in and have a correction to fair market value.we are just prolonging the situation. either way,that's where we're heading as indicators point it.
Thanks for yet another informative post.
If/when Deutsche Bank collapses, it will be an interesting test case for the EU's legislation on bail-ins.
Here we go again ...
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