Deutsche Bank Fears Spread
I did not realize the CEO of Deutsche Bank said the same but I opined yesterday to a friend everything in banking is a confidence game. Even the strongest bank cannot survive very long if confidence starts to erode and counter-parties shun the institution, deposits are withdrawals etc. I am not even close to an expert on banking and I doubt many who opine are especially on giant opaque institutions like Deutsche Bank AG (NYSE:DB) either. People scream trillions of derivatives without any analysis needed to discuss them. However, since the DOJ started its dumb crusade against DB the institution...
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