Deutsche Bank Insolvent
Deutsche bank ag plans to boost lending to commodity traders in the middle east even as other banks back away after a spate of defaults in the industry to help double the size of its regional business bloomberg news reported.
Deutsche bank insolvent. Deutsche bank on the brink of insolvency. When it fully collapses it will set off a chain reaction that nobody is going to be able to stop. Is deutsche bank technically insolvent. The german lender which on monday appointed loic voide and kees hoving as co chief executive officers for the middle.
And like everybody else we assume that some kind of fix will soon be in probably one that will further vindicate exposure to gold both as money substitute and currency substitute. Thank you for. Deutsche bank is probably insolvent by tim price this is getting to be a habit. We cover the price movements of gold silver platinum palladium the u s.
Max keiser hit out against deutsche bank in the latest episode of his rt program keiser report saying the bank was technically insolvent despite assurances from german finance minister wolfgang schaeuble that he had no concerns over his country s biggest bank. David wilkerson once warned that the financial collapse of europe would begin in germany and jim rogers has warned that the implosion of deutsche bank would cause the. Facebook twitter reddit email rss feed newsletter donate. The lenders act as creditors for these insolvent companies meaning there s the threat of a renewed banking crisis röhl said.
Dollar index equities markets and more. Deutsche bank started the year by announcing a record setting loss in 2015 of 6 8 billion. And like everybody else we assume that some kind of fix will soon be in probably one that will further vindicate exposure to gold both as money substitute and currency substitute. This is where our timeline of deutsche bank s most recent woes begins and the last six months in particular have been fast and furious.
April 22 2020 april 21 2020 by iwb. Previous late summer holidays by this correspondent coincided with the run on northern rock and subsequently with the failure of lehman brothers. Deutsche bank is the largest domino in europe s very shaky financial system. The bank is now in the process of cutting 9 000 employees and ceasing operations in 10 countries.
Once one of the largest banks in the world it. Will the fall of deutsche bank spark the next financial crisis. We d suggest that it probably is but we have no dog in the fight having never either owned banks or shorted them. According to deutsche bank research.
Is deutsche bank technically insolvent.