Deutsche Bank, the next Lehmans?

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Deutsche Bank, the next Lehmans?

Postby Pixel8r » Wed Jun 06, 2018 8:39 am » Safari 11.1 Safari 11.1  Mac OS X Mac OS X  Screen Resolution: 2560 x 1440 2560 x 1440

Is Deutsche Bank going to be the next Lehmans?

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Its share price is down around 90% from it's high in 2007, crashing to new lows recently at €9.13. Their derivative position is massively large, somewhere around $42 trillion. No one really knows what is going on with their massive derivative exposure and who it will knock on to other banks. I guess that what happens with the Italian banks will be the trigger to watch as DBK have a lot of derivatives tied to the Italian banks.

I wonder how they will be able to bail out a bank of this size.

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Re: Deutsche Bank, the next Lehmans?

Postby Pixel8r » Sat Jun 09, 2018 1:30 pm » Safari 11.0.3 Safari 11.0.3  Mac OS X Mac OS X  Screen Resolution: 2560 x 1440 2560 x 1440

Trust Jim to come up with the answer to my question. :thumbup:

Watch on youtube.com
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Re: Deutsche Bank, the next Lehmans?

Postby markinspain » Sun Jun 10, 2018 10:02 am » Firefox 60.0 Firefox 60.0  Windows NT Windows NT  Screen Resolution: 1920 x 1080 1920 x 1080

Pixel8r » Sat Jun 09, 2018 1:30 pm wrote:Trust Jim to come up with the answer to my question. :thumbup:

Watch on youtube.com


I haven´t got 2 hours to listen. What is the gist or the important part as most of these videos are full of rubbish.
People say, "Don't you miss it, Mark?" I say, "What, England? Nah. f**king place. It's a dump. Don't make me laugh. Grey, grimy, sooty. What a sh*t hole. What a toilet. Every **** with a long face shuffling about, moaning, all worried. No thanks, not for me." They say, "What's it like, then, Spain?" And I'll say, "It's hot. Hot. Oh, it's f**king hot. Too hot? Not for me, I love it."
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Re: Deutsche Bank, the next Lehmans?

Postby Pixel8r » Sun Jun 10, 2018 6:00 pm » Safari 11.0.3 Safari 11.0.3  Mac OS X Mac OS X  Screen Resolution: 2560 x 1440 2560 x 1440

markinspain » Sun Jun 10, 2018 11:02 am wrote:I haven´t got 2 hours to listen. What is the gist or the important part as most of these videos are full of rubbish.

I would say this one is worth the effort, particularly the first 40 mins or so. Lot of info on Deutsche bank and the reasons for things are the way they are with interest rates, QE etc.
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Re: Deutsche Bank, the next Lehmans?

Postby Laura » Wed Dec 12, 2018 5:22 pm » Google Chrome 64.0.328 Google Chrome 64.0.328  Android Android  Screen Resolution: 1024 x 600 1024 x 600

A comment on the latest Deutsche bank noise.

Dresdner Bank was acquired by Allianz because Paul Achleiter, formerly of Goldman wanted to do a BIG DEAL and the merger of Commerzbank and Deutsche had just failed to take off. He wanted Bancassurance - the great new idea for Deluded Financiers - and paid 30 billion for a business they sold off for 6.4 billion to Commerzbank where the CEO was Blessing whose wife had worked with Achleitner at Goldman and is an I-Banker herself still.

Dresdner had a great SME Portfolio which has now been totally screwed up by Commerzbank.

German banks have crap IT, are light years behind Citi or UBS and will go the way of the German Camera Industry


https://www.zerohedge.com/news/2018-12- ... 3be88e6594
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Re: Deutsche Bank, the next Lehmans?

Postby markinspain » Mon Jun 24, 2019 2:54 pm » Firefox 67.0 64 bits Firefox 67.0 64 bits  Windows NT 64 bits Windows NT 64 bits  Screen Resolution: 1920 x 1080 1920 x 1080

Nice little report from Max Keiser about DB.

Watch on youtube.com
People say, "Don't you miss it, Mark?" I say, "What, England? Nah. f**king place. It's a dump. Don't make me laugh. Grey, grimy, sooty. What a sh*t hole. What a toilet. Every **** with a long face shuffling about, moaning, all worried. No thanks, not for me." They say, "What's it like, then, Spain?" And I'll say, "It's hot. Hot. Oh, it's f**king hot. Too hot? Not for me, I love it."
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Re: Deutsche Bank, the next Lehmans?

Postby markinspain » Mon Jul 08, 2019 9:07 am » Firefox 67.0 64 bits Firefox 67.0 64 bits  Windows NT 64 bits Windows NT 64 bits  Screen Resolution: 1920 x 1080 1920 x 1080

People say, "Don't you miss it, Mark?" I say, "What, England? Nah. f**king place. It's a dump. Don't make me laugh. Grey, grimy, sooty. What a sh*t hole. What a toilet. Every **** with a long face shuffling about, moaning, all worried. No thanks, not for me." They say, "What's it like, then, Spain?" And I'll say, "It's hot. Hot. Oh, it's f**king hot. Too hot? Not for me, I love it."
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Re: Deutsche Bank, the next Lehmans?

Postby markinspain » Tue Jul 16, 2019 7:19 pm » Firefox 68.0 64 bits Firefox 68.0 64 bits  Windows NT 64 bits Windows NT 64 bits  Screen Resolution: 1920 x 1080 1920 x 1080

People say, "Don't you miss it, Mark?" I say, "What, England? Nah. f**king place. It's a dump. Don't make me laugh. Grey, grimy, sooty. What a sh*t hole. What a toilet. Every **** with a long face shuffling about, moaning, all worried. No thanks, not for me." They say, "What's it like, then, Spain?" And I'll say, "It's hot. Hot. Oh, it's f**king hot. Too hot? Not for me, I love it."
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Re: Deutsche Bank, the next Lehmans?

Postby Pixel8r » Tue Jul 16, 2019 7:51 pm » Safari 12.1.1 Safari 12.1.1  Mac OS X Mac OS X  Screen Resolution: 2560 x 1440 2560 x 1440


Be interesting if they start some sort of redemption clause, locking hedge funds in.

Featured an updated chart that started this thread;

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Re: Deutsche Bank, the next Lehmans?

Postby markinspain » Wed Jul 24, 2019 11:24 am » Firefox 68.0 64 bits Firefox 68.0 64 bits  Windows NT 64 bits Windows NT 64 bits  Screen Resolution: 1920 x 1080 1920 x 1080

People say, "Don't you miss it, Mark?" I say, "What, England? Nah. f**king place. It's a dump. Don't make me laugh. Grey, grimy, sooty. What a sh*t hole. What a toilet. Every **** with a long face shuffling about, moaning, all worried. No thanks, not for me." They say, "What's it like, then, Spain?" And I'll say, "It's hot. Hot. Oh, it's f**king hot. Too hot? Not for me, I love it."
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Re: Deutsche Bank, the next Lehmans?

Postby Laura » Wed Jul 24, 2019 12:27 pm » Google Chrome 75.0.377 Google Chrome 75.0.377  Android Android  Screen Resolution: 1024 x 600 1024 x 600

From a suspicious ignoramus:-
If DB is the darling vital European arm of the master planners, then it will only die if its purpose has been fulfilled; & maybe not even then.
Bail-ins during a war? Or just after Brexit day? Blame avoidance matters.
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Re: Deutsche Bank, the next Lehmans?

Postby markinspain » Wed Jul 24, 2019 2:56 pm » Firefox 68.0 64 bits Firefox 68.0 64 bits  Windows NT 64 bits Windows NT 64 bits  Screen Resolution: 1920 x 1080 1920 x 1080

Laura » Wed Jul 24, 2019 12:27 pm wrote:From a suspicious ignoramus:-
If DB is the darling vital European arm of the master planners, then it will only die if its purpose has been fulfilled; & maybe not even then.
Bail-ins during a war? Or just after Brexit day? Blame avoidance matters.


Some words about bail-ins from the horse´s mouth.

https://www.db.com/company/en/information-on-bank-resolution-and--bail-in.htm

That´s OK then Mr Banker, I trust you! :crazy:
People say, "Don't you miss it, Mark?" I say, "What, England? Nah. f**king place. It's a dump. Don't make me laugh. Grey, grimy, sooty. What a sh*t hole. What a toilet. Every **** with a long face shuffling about, moaning, all worried. No thanks, not for me." They say, "What's it like, then, Spain?" And I'll say, "It's hot. Hot. Oh, it's f**king hot. Too hot? Not for me, I love it."
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Re: Deutsche Bank, the next Lehmans?

Postby Pixel8r » Wed Jul 24, 2019 4:39 pm » Safari 12.1.1 Safari 12.1.1  Mac OS X Mac OS X  Screen Resolution: 2560 x 1440 2560 x 1440

markinspain » Wed Jul 24, 2019 3:56 pm wrote:
Laura » Wed Jul 24, 2019 12:27 pm wrote:From a suspicious ignoramus:-
If DB is the darling vital European arm of the master planners, then it will only die if its purpose has been fulfilled; & maybe not even then.
Bail-ins during a war? Or just after Brexit day? Blame avoidance matters.


Some words about bail-ins from the horse´s mouth.

https://www.db.com/company/en/information-on-bank-resolution-and--bail-in.htm

That´s OK then Mr Banker, I trust you! :crazy:

Certainly better than the taxpayer in general having to bail them out again. If you hold everyday currency in an account you are covered by deposit guarantees, if you hold more then you should be aware of the additional risk you are taking. Bank shareholders should be liable for the bank loses, they have benefitted from the gains due to risky practices.
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Re: Deutsche Bank, the next Lehmans?

Postby wee Jinky » Tue Oct 01, 2019 10:57 pm » Google Chrome 49.0.262 Google Chrome 49.0.262  Windows Vista Windows Vista  Screen Resolution: 1366 x 768 1366 x 768

Down $1.20 since September 13th after a brief bounce , down 3% today alone maybe indicating the problems aren't going away.
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Re: Deutsche Bank, the next Lehmans?

Postby Laura » Fri Jul 31, 2020 5:17 am » Google Chrome 75.0.377 Google Chrome 75.0.377  Android Android  Screen Resolution: 1024 x 600 1024 x 600

https://wolfstreet.com/2020/07/29/confe ... lion-loss/

:wtf: Deutsche Bank surprised investors by reporting a tiny net profit of €61 million in the second quarter as cost-cutting and revenue growth outweighed loan losses due to the virus outbreak.

Banco Santander, Spain’s largest lender and one of the Eurozone’s eight global systemically important banks (G-SIBs), has posted its first ever loss in 163 years of operations. And it was gargantuan. During the first half of the year, the bank racked up a loss of €10.8 billion

.......
Edit, to add this spot-on comment:-

Ian
Jul 30, 2020 at 2:41 am
Why should any entity have a status of systemically important? It is just a company. Terminology invented to get us all used to the fact that endless bailouts are required. And what is the use of the competition commissions when they sit back and allow companies to buy up endless smaller ones to get to problematic size. As with all our institutions and regulators, not fit for purpose and existing only to give the appearance of control while the looting goes on. We fleas on the other hand are subject to ever increasing real control
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Re: Deutsche Bank, the next Lehmans?

Postby Acton Boy » Fri Jul 31, 2020 4:47 pm » Safari Mobile 12.1.1 Safari Mobile 12.1.1  iPad iPad  Screen Resolution: 768 x 1024 768 x 1024

Pixel8r » Wed Jul 24, 2019 5:39 pm wrote:
markinspain » Wed Jul 24, 2019 3:56 pm wrote:
Laura » Wed Jul 24, 2019 12:27 pm wrote:From a suspicious ignoramus:-
If DB is the darling vital European arm of the master planners, then it will only die if its purpose has been fulfilled; & maybe not even then.
Bail-ins during a war? Or just after Brexit day? Blame avoidance matters.


Some words about bail-ins from the horse´s mouth.

https://www.db.com/company/en/information-on-bank-resolution-and--bail-in.htm

That´s OK then Mr Banker, I trust you! :crazy:

Certainly better than the taxpayer in general having to bail them out again. If you hold everyday currency in an account you are covered by deposit guarantees, if you hold more then you should be aware of the additional risk you are taking. Bank shareholders should be liable for the bank loses, they have benefitted from the gains due to risky practices.


Can anyone here provide a link to the bank bail-in law that explains what happens if your deposit is in excess of the deposit guarantee from a preferably well known/respected source please ?
I would be most greatfull.
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Re: Deutsche Bank, the next Lehmans?

Postby Pixel8r » Fri Jul 31, 2020 8:39 pm » Safari 13.1.2 Safari 13.1.2  Mac OS X Mac OS X  Screen Resolution: 2560 x 1440 2560 x 1440

Acton Boy » Fri Jul 31, 2020 4:47 pm wrote:Can anyone here provide a link to the bank bail-in law that explains what happens if your deposit is in excess of the deposit guarantee from a preferably well known/respected source please ?
I would be most greatfull.

FSCS site lists that you are covered for £85,000 for individuals or £170,000 for joint accounts. It also mentions that you can have a temporary (6 months) balance of up to £1 million under certain circumstances. It doesn't say anything about what happens for amounts above.

https://www.fscs.org.uk/what-we-cover/b ... societies/

Found this from BoE on bank bail-in law in the UK. I think this is what you are looking for;

https://www.bankofengland.co.uk/-/media ... uction.pdf
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Re: Deutsche Bank, the next Lehmans?

Postby Acton Boy » Sat Aug 01, 2020 6:47 am » Safari Mobile 12.1.1 Safari Mobile 12.1.1  iPad iPad  Screen Resolution: 768 x 1024 768 x 1024

A big thanks to you Pix, that was just what I was looking for I really appreciate it ! :D :D

I had been looking at the BOE website trying to find this information some time ago to send a link to someone who just doesn’t believe what our glorious government would plan to do such a heinous thing to their loyal citizens to save the banksters yet again, and he works for one of the high street banks :crazy:
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