Deutsche Bank Formally Classified as a Problem Bank

Socialism is not just ruin camouflaged as equality. It is despair wrapped up in the rhetoric of hope.

— Hugo Gurdon

Deutsche Bank Formally Classified as a Problem Bank

Freitag - 01.06.2018

Deutsche Bank is now been classified as a problem bank by FDIC and has been included in a list of banks to be watched. This is the biggest bank in Europe. It cannot be merged within Germany with Commerzbank for there is just not enough equity to overcome the derivative losses. The only other candidate is BNP, but that is a French bank. This is where the fairytale ……………………..

https://www.armstrongeconomics.com/markets-by-sector/foreign-exchange/euro/deutsche-bank-formally-classified-as-a-problem-bank/

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