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Deutsche Bank

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    #21
    Originally posted by uk contractor View Post
    Its tough but also to be fair they have been propped up since 2008 by Germany & Merkel using the EU as a slush fund to support German big business. They should have collapsed then but only Merkel & others kept them going to avoid further disruption to the financial services sector.
    Actually Deutsche Bank avoided the bail out and hasn't received any funds from the government.

    You may be thinking of the Commerz Bank which did.
    I'm alright Jack

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      #22
      Originally posted by BlasterBates View Post
      Actually Deutsche Bank avoided the bail out and hasn't received any funds from the government.

      You may be thinking of the Commerz Bank which did.
      They avoided the bail out ONLY because they were silently propped up in the background to stop another Lehman brothers collapse contagion event! This has been common knowledge in the Trading Sectors for many years...

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        #23
        Originally posted by uk contractor View Post
        They avoided the bail out ONLY because they were silently propped up in the background to stop another Lehman brothers collapse contagion event! This has been common knowledge in the Trading Sectors for many years...
        Why would they "silently" do this ?

        If they had a way of doing this "silently" they would have done the same with the Commerz Bank. A government can't just secretly hand funds to a bank.

        In fact it's the exact opposite, Deutsche Bank has been shelling out millions in fines.
        I'm alright Jack

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          #24
          Originally posted by uk contractor View Post
          They avoided the bail out ONLY because they were silently propped up in the background to stop another Lehman brothers collapse contagion event! This has been common knowledge in the Trading Sectors for many years...
          Really? That is not my understanding of the DB situation.

          The "restructuring" that is happening makes absolute sense. Should have done it a couple of years ago, but better late than never.

          Comment


            #25
            Originally posted by BlasterBates View Post
            Why would they "silently" do this ?

            If they had a way of doing this "silently" they would have done the same with the Commerz Bank. A government can't just secretly hand funds to a bank.

            In fact it's the exact opposite, Deutsche Bank has been shelling out millions in fines.
            After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
            $354 billion US bailout! Many things happen in silence where big business & too big to fail are concerned

            " The foreign bank that ranked 9 on the list of the largest borrowers was Germany’s largest bank, Deutsche Bank, which took $354 billion in revolving loans from the U.S. Federal Reserve."

            Comment


              #26
              Originally posted by uk contractor View Post
              After a $354 Billion U.S. Bailout, Germany’s Deutsche Bank Still Has $49 Trillion in Derivatives
              $354 billion US bailout! Many things happen in silence where big business & too big to fail are concerned

              " The foreign bank that ranked 9 on the list of the largest borrowers was Germany’s largest bank, Deutsche Bank, which took $354 billion in revolving loans from the U.S. Federal Reserve."
              Where's Merkel's contribution ?

              That is a US bail out for the US part of Deutsche bank, which they then paid back.

              All the US banks were in the bail out.

              Barclays had a loan of nearly 1 trillion, Citi Group 2 trillion. In fact Deutsche Bank's loan was about a 3rd of the size of most of the major international investment banks
              Last edited by BlasterBates; 8 July 2019, 15:20.
              I'm alright Jack

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                #27
                Originally posted by northernladuk View Post
                FTFY
                ha ha ha ha.

                Comment


                  #28
                  Oh dear, keeps on rising...


                  Deutsche Bank Probability Of Bankruptcy = 50%


                  What is current Deutsche Bank Probability Of Bankruptcy | DB BATS - Macroaxis
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    #29
                    Originally posted by scooterscot View Post
                    Oh dear, keeps on rising...


                    Deutsche Bank Probability Of Bankruptcy = 50%


                    What is current Deutsche Bank Probability Of Bankruptcy | DB BATS - Macroaxis
                    Surely the probability has been 100% since about early 2009 - the only question was (and still is) "How far into the future can the inevitable bankruptcy be delayed?"
                    merely at clientco for the entertainment

                    Comment


                      #30
                      Originally posted by eek View Post
                      Surely the probability has been 100% since about early 2009 - the only question was (and still is) "How far into the future can the inevitable bankruptcy be delayed?"
                      Deutsche Bank were HPE's biggest customer in Europe, and are probably one of the biggest for DXC now. The move to the "private cloud" was more about shifting as many roles to cheaper countries as possible, the usual India and Bulgaria etc.

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