Deutsche Bank has agreed to pay $75 million to settle a proposed class-action lawsuit alleging the German bank facilitated the late Jeffrey Epstein‘s sex-trafficking ring, according to attorneys for the plaintiffs. The suit was filed last year in New York by …
Deutsche Bank is now offering 2.4% interest on 1y fixed saving account to retain or attract customer deposits. Deutsche deposits were down 5% to €592bn in Q1. Most happened before banking turmoil in Mar, driven by depositors seeking higher rates… …
https://www.youtube.com/watch?v=PI-656GmFkw Hordes of small and mid-size banks are now in trouble, and that is really bad news because those institutions issue most of the mortgages, auto loans and credit cards that our economy runs on. The other day, I asked …
by Pengufen Deutsche Bank balance sheet: https://investor-relations.db.com/files/documents/annual-reports/2023/Annual-Financial-Statements-of-Deutsche-Bank-AG-2022.pdf Credit Suisse balance sheet: https://www.credit-suisse.com/about-us/en/reports-research/annual-reports.html (2022 Consolidated financial statement) Most of their assets are illiquid and their reserve and cash on hand balance has shrunk by about 50% from a year ago. The same thing happened to …
by BoatSurfer600 The emergency rescue of Credit Suisse by UBS, in the wake of the collapse of U.S.-based Silicon Valley Bank, has triggered contagion concern among investors. This was deepened by further monetary policy tightening from the U.S. Federal Reserve on Wednesday. Deutsche Bank underwent a multibillion-euro restructure …
Jim Cramer: "Your money is safe at Deutsche Bank” pic.twitter.com/RNZNxeLOVp — Inverse Cramer (@CramerTracker) March 24, 2023 Jim Cramer: "Your money is safe at Deutsche Bank” Rest in peace DBpic.twitter.com/FKOoNmpNNA — Not Jerome Powell (@alifarhat79) March 24, 2023 "The German …
by confoundedinterest17 The Federal Reserve never died. In fact, The Fed is growing its balance sheet again. Why? A slowing economy and weakness in the banking sector (thanks to inflation and the Fed trying to get inflation back to 2%. And …
Jim Cramer has just said that Deutsche Bank, $DB, is fine. pic.twitter.com/SusXRg19Gh — unusual_whales (@unusual_whales) March 24, 2023 View post on imgur.com View post on imgur.com h/t dr0id
Deutsche Bank’s 5 year credit default swaps reach 170, second highest behind Credit Suisse Deutsche Bank is the world’s 24th largest bank by total assets and Germany’s biggest one REUTERS: Deutsche Bank shares tumble, default insurance cost shoots up. Tick tock tick …
The BreachForums user “Alliswell” claims to possess 60GB of stolen Deutsche Bank data, and is offering to sell it to the highest bidder. The bad actor claims the information up for grabs contains not only Deutsche Bank employee data, but …
MAJOR EUROPEAN BANK TELLS CREDIT SUISSE TO SEEK URGENT CENTRAL BANK LIQUIDITY BACKSTOP – SOURCE – Deutsche, is that you? — Russian Market (@runews) March 15, 2023 It’s not over 🥲 Credit Suisse is huge in the “too big to …
by predictany007 Stock Market Outlook for 2023 Turns Unusually Bearish on Recession Fears US TREASURY SECRETARY YELLEN: THERE IS A RISK OF A RECESSION, BUT IT IS NOT NECESSARY TO BRING INFLATION DOWN. — FinancialJuice (@financialjuice) December 12, 2022 As …
The first economist on Wall Street to predict a U.S. recession in 2023 is moving up his timeline for an economic contraction. “More than two months ago we forecasted that the U.S. economy would tip into a recession by end-2023,” …
by dspaulding166 It seems that Friday, June 3rd, Deutsche Bank London Prime Brokerage, amongst 4 total accounts being terminated, will close up shop. Attaching DTCC link for reference, filed May 31st: DTCC Filing Accounts are as follows: DBTCA/DB AG …
https://edition.cnn.com/2022/04/26/economy/inflation-recession-economy-deutsche-bank/index.html “We regard it…as highly likely that the Fed will have to step on the brakes even more firmly, and a deep recession will be needed to bring inflation to heel,” Deutsche Bank economists wrote in its report with the …
by atobitt TL:DR This is the FIRST time I have seen a FINRA violation for dark pools… Could they be starting to crack down on it? You’ve gotta read this. Newest violation on 3/7/2022 – $2,000,000 fine
They are in worse shape than the 2008/9 crash. Cracks beginning to show? I do believe they are doing almost all they can to prop this all up as 2002 approaches and 2024 shortly thereafter, as it seems like the …
UP, UP AND AWAY: Inflation Fastest Since ’08… Prices rose by 5 percent in May compared with a year ago, the largest increase since the Great Recession, continuing a steady climb in inflation even as policymakers insist on staying the …
Deutsche Bank Macro strategist, Marion Laboure, joins Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman to discuss bitcoin’s regulatory challenges and volatility.
by confoundedinterest17 KBW Bank Index (a modified cap-weighted index consisting of 24 exchange-listed National Market System stocks, representing national money center banks and leading regional institutions) rose to a record high .. with near-zero Fed Funds Target Rates. And seemingly endless asset …
The son of a late Deutsche Bank executive who shared his father’s internal bank documents with the FBI and news outlets such as Forensic News and the New York Times after his father’s death has gone missing in Los Angeles, police and others said. Val …
via CNN: London (CNN Business)Deutsche Bank is in rough shape and its leadership has gone silent on their plans for the future. First quarter results from Germany’s largest bank on Friday showed that revenue is falling faster than costs, one …
by Shaun Richards A feature of the credit crunch era has been like an episode of Hammer House of Horror. This has been the march of the Zombie banks where a burst into normal life is always promised but never …
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 foreign bank ranked number 9 on the list of the …
Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The chief executive of eternally troubled Too-Big-To-Fail Deutsche Bank, Christian Sewing, believes the time is ripe for a merger with its …
by confoundedinterest What do you get when you merge German zombie Deutsche Bank and zombie Commerzbank? An ogre zombie bank! Or as Billy Preston almost sang, “Nothing Plus Nothing Equals Nothing.” Both Deutsche Bank and Commerzbank are trading at under $10 or …
by Shaun Richards We find ourselves in yet another version of banking Monday and let me immediately note an issue highlighted by moves at the UK’s main zombie bank which is Royal Bank of Scotland or RBS. From the BBC. …
via YAHOO: Forget the ongoing trade war and China’s slowing growth — Deutsche Bank thinks “the biggest risk to the global economy comes from Europe.” “Data has stabilized in some areas, e.g. with France’s activity improving as the ‘yellow vest’ …
by Shaun Richards The weekend just gone has seen a surge in speculation about a matter we have been expecting for some time. It is this issue of solving the problem of a bank that is too big to fail …
via safehaven: Deutsche Bank (DB) is getting desperate, and Wall Street is ditching it—fast. The most recent quarterly results were dismal, one of its investors has been turned into a paid advisor, and now there is talk about closing down the …