The Traderszone Network

Published in TZ Latest News 19 September, 2016 by The TZ Newswire Staff

Italy’s PM Unloads On Deutsche Bank’s Unfixable Problem: "Hundreds And Hundreds Of Billions Of Derivatives"

After a tumultuous week for Deutsche Bank which saw the DOJ demand a $14 billion settlement for the bank’s past RMBS transgressions, it was another bad day for the giant German lender, whose stock and contingent converts tumbled after the investing community realized that even a modest $5.5 billion final settlement would leave it perilously undercapitalized and likely scrambling to raise more cash.

 

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