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Deutsche is the perennial sick man of European banking. It keeps lurching from one crisis to another, bad loans, bad acquisitions, bad management, just like Cre
by drumhead 4y ago
Deutsche is the perennial sick man of European banking. It keeps lurching from one crisis to another, bad loans, bad acquisitions, bad management, just like Credit Suisse, the only difference being that it's at the heart of the German and by extension the EU economy, so it's never going to be allowed to fail.
- mcv 4y agoWasn't Deutsche Bank also the only bank still willing to do business with Trump, as well as involved in Russian money laundering? I'm frankly surprised it's still around.
- unsupp0rted 4y agoWhy does Deutsche keeps making bad decisions? Is it because there are perverse incentives and no consequences, or something more to it than that?