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Add that to this other news today about Deutsche Bank [1] and it really makes you wonder whether we're approaching another Lehman Brothers moment. [1] https://
by chroem- 8y ago
Add that to this other news today about Deutsche Bank [1] and it really makes you wonder whether we're approaching another Lehman Brothers moment.
[1] https://www.wsj.com/articles/deutsche-banks-u-s-operations-deemed-troubled-by-fed-1527768310 https://www.wsj.com/articles/deutsche-banks-u-s-operations-d...
- pmorici 8y agoThat puts their announcement back in April that they are leaving the US market to focus on Europe in context.
- walterbell 8y agoOne of the largest shareholders in DB is ... China? https://ftalphaville.ft.com/2018/02/23/1519404195000/HNA-via-GAR--The-mystery-of-Deutsche-Bank-s-largest-shareholder/ https://ftalphaville.ft.com/2018/02/23/1519404195000/HNA-via... "..in summary: an opaque Chinese conglomerate says that it is the largest shareholder of Germany’s biggest bank, and has claimed a seat on the board. But the publicly available trail of information ends in Bermuda, obscuring a crucial link in its convoluted chain of ownership, and the parties involved seem reluctant to say anything about it."
- dil8 8y agofollow on article https://ftalphaville.ft.com/2018/04/19/1524132443000/Deutsche-Bank--HNA--and-the-GAR-chase/ https://ftalphaville.ft.com/2018/04/19/1524132443000/Deutsch...