Neuberger Berman Managing Director Steven Eisman discusses the U.S. financial system and regulation. He speaks with Yvonne Man from the CFA Annual Conference on “Bloomberg Markets.” (Source: Bloomberg)
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“Deutsche Bank has real profitability issues,” Eisman said in a Bloomberg Television interview in Hong Kong. “Deutsche Bank is a problem bank. I think it has to shrink dramatically,” adding that the ‘undercapitalized’ bank will probably raise capital next year.