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Steven Eisman Says To Short Deutsche Bank, Capital Raise Ahead

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Jacob Wolinsky
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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.

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.