Showing posts with label Deutsche Bank. Show all posts
Showing posts with label Deutsche Bank. Show all posts

Wednesday, March 14, 2018

Pam and Russ Martens — The Deutsche Bank-Trump Connection: Why House Probe Abruptly Shut Down

It now appears that a major contributing factor to the abrupt shutdown of the Russia-Trump probe by the House Intelligence Committee was a fear that the Committee was getting too close to Trump’s dealings with Deutsche Bank and Deutsche Bank’s dealings with Russia....
The draft report from the Democrats on the House Intelligence Committee also contains this bombshell:
“Moreover, as the Committee has learned, candidate Trump’s private business was actively negotiating a business deal in Moscow with a sanctioned Russian bank during the election period.” 
Wall Street On Parade
The Deutsche Bank-Trump Connection: Why House Probe Abruptly Shut Down
Pam Martens and Russ Martens

Sunday, August 14, 2016

Martin Armstrong — Germany & THE 800 POUND GORILLA


Hmm. Creditanstalt in the making? 800 pounds may be on the light side. This would fit Armstrong's model, which sees the Big One (shakeout) hitting in 2017.

Armstrong Economics

Thursday, August 4, 2016

Pam Martens and Russ Martens — Is Deutsche Bank as Dangerous to Financial Stability as Citigroup Was in 2008?

Deutsche Bank is starting to resemble the financial basket case that Citigroup became in 2008, leading to Citigroup’s partial ownership by the U.S. government for a time and the bank requiring the largest taxpayer bailout in U.S. financial history. Citigroup’s teetering condition and its interconnectedness to other mega banks played a critical role in the Wall Street crash and collapse of the U.S. economy.
Wall Street On Parade
Is Deutsche Bank as Dangerous to Financial Stability as Citigroup Was in 2008?
Pam Martens and Russ Martens

Monday, July 11, 2016

Alex Christoforou — More EU Trouble. Deutsche Bank Chief Economist Wants €150 Billion Bailout For EU Banks

Systemic risk.
Italy’s Prime Minister, Matteo Renzi, fired shots at Germany’s financial EU hegemony when, during a joint news conference with Swedish Prime Minister Stefan Lofven, said:
“If this non-performing loan problem is worth one, the question of derivatives at other banks, at big banks, is worth one hundred. This is the ratio: one to one hundred.”
Renzi was referring to the massive, trillions of derivatives Deutsche Bank is carrying on its books. According to Renzi, Italy may have issues, but “other” European banks have much bigger problems.…
The Duran
More EU Trouble. Deutsche Bank Chief Economist Wants €150 Billion Bailout For EU Banks
Alex Christoforou

Friday, June 12, 2015

Not Quant — Is Deutsche Bank the next Lehman?


Examining the parallels.

The question is whether there might be a repeat of the failure of Credit-Anstalt.

Not Quant
Is Deutsche Bank the next Lehman?
ht Don Quijones at Raging Bull-Shit

Thursday, February 5, 2015

Zero Hedge — Greece: The Big Picture Update, And Why Deutsche Bank Thinks Europe Will Fold

The Greek situation summaries Greece by Deutsche Bank's George Saravelos have consistently been among the best in the entire sellside. His latest Greek update, which is a must read for anyone who hasn't been following the fluid developments out of southeast Europe, which fluctuate not on an hourly but on a minute basis, does not disappoint. 
But while his summary of events is great, what is of far greater significance is his conclusion, namely that ultimately Europe will fold: "we consider the most likely outcome to be a Eurogroup offer of a new Third program" and "given that the current program expires this February the offer to negotiate a new Third program may provide political room for the government to sit on the negotiating table. At the same time such an offer is very likely to be attached to strict conditions, with the willingness to accommodate t-bill issuance an open question. Developments overnight suggest that this has become less likely, imposing maximum pressure on the government to reach agreement within a matter of weeks."
Zero Hedge
Greece: The Big Picture Update, And Why Deutsche Bank Thinks Europe Will Fold

Saturday, March 23, 2013

Merijn Knibbe — Deutsche bank: fifteen shades of fraud

I was a little fed up with the stories about banksters from Cyprus. How about Deutsche Bank, the largest bank of Europe, darling of the German government and, Lehman style, “Chief Executive Officer Josef Ackermann, who has called proposals to limit bank size “misguided,” will leave behind a balance sheet about 40 percent larger than in 2006, and more than 80 percent as big as Germany’s economy, when he steps down in May. The firm is the second-most leveraged and third-least capitalized of Europe’s 10 largest banks”. A quick google search on ‘Deutsche Bank’ and ‘Fraud’ yielded the next fifteen links:
Real-World Economics Review Blog
Deutsche bank: fifteen shades of fraud
Merijn Knibbe