via wallstreetonparade: Deutsche Bank Headquarters in Frankfurt, Germany On July 21, 2011, when the GAO released its audit of the Federal Reserve’s secret $16.1 trillion in bank loans during the financial crisis, a
via wallstreetonparade: The most recent 10Ks (annual reports) filed by the largest Wall Street banks covering their financial condition as of December 31, 2018, provide the strongest argument thus far for
via bloomberg: Financial markets have short memories. Of late, they’ve convinced themselves that collateralized loan obligations (CLOs) are much safer instruments than the collateralized debt obligations, or CDOs, on which they’re
No one can afford even the smallest hiccup in derivatives. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. After months of furious lobbying, the City of London Corporation has
The U.S. stock market has been excessively volatile. Every day it’s a wild one. What’s impossible to determine is where the bottom is. Nobody knows. What we can determine is
Today with all the other wonderful financial news, DB shares went under $8. The merger with Citi has obviously fell apart. now the German government is scrambling to Merge DB
The biggest-ever bet on Bitcoin options is about to expire worthless. Purchased for almost $1 million on LedgerX’s trading platform just days after Bitcoin peaked a year ago, the call options
via thestreet: Stocks quotes in this article: SHLD, DB, C, JPM, BAC, WFC * Large U.S. banks are rapidly gaining share in fixed income trading and retail and corporate lending Deutsche Bank’s shares hit another new low
via zerohedge: Just when Deutsche Bank probably thought the worst of its legal troubles (over the Libor scandal, sales of shoddy mortgage-backed securities, FX and precious metal rigging which collective resulted
by Chris They are accounted for using a “net” position. Example: Imagine that DB has sold a credit default swap to party A, but then also bought a credit default
via DAVID P. GOLDMAN The cure for the last crisis always turns into the cause of the next one. The economies of southern Europe – Greece, Italy, Spain and Portugal –
via wallstreetonparade: Spasms in big Wall Street bank stocks have been happening on a serial basis over the past three years. (See here and here.) Yesterday offered another one of those bank warning signs
$37 trillion debt. 25 million population. What could possibly go wrong? Oh and g’day from Perth, Australia When we look at Australia, we tend to find that they are
by Thinker Tough times for the big banks are upon us. The summer of 2018 will be remembered for a long, long time as the Summer from Hell for the
Max Keiser & Stacy Herbert, Sputniknews, Released on 5/22/18 Click Here to Listen to the Interview ria.ru/aurora/flv/file.aspx?ID=6958280&type=mp3 As the Pope warns about the ‘unacceptable’ ethics of ‘gambling on the failure of others’ via credit default
Who will bail out Deutsche Bank? Derivatives are a funny subject because the average person doesn’t understand them. The average person in the financial industry doesn’t understand them. Only the