After failing the US Federal Reserve’s stress test due to a qualitative review that cited poor risk management and financial planning, opinions on what’s going on at Deutsche Bank vary. The International Monetary Fund said “Deutsche Bank poses the greatest risk to the global financial system.” Goldman Sachs, on the other hand, didn’t think the issue was going to much matter.
Deutsche Bank fails Fed stress test for second time, Santander has three strikes
All large US banks have passed the Fed’s stress test, with the exception of...
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