Deutsche Bank - a sh*t storm brewing
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 chris123  hove actually 28 Sep 16 4.29pm |
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Originally posted by Cucking Funt
The thing is, Merkel's already said that they won't. Either way, looks like she's finished. It won't be her decision to make - and there is surely no way the state won't take a stake. And Angela has been broadly touted as next Sec Gen of the UN.
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| Stuk Top half 28 Sep 16 4.33pm |
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Originally posted by chris123
It won't be her decision to make - and there is surely no way the state won't take a stake. And Angela has been broadly touted as next Sec Gen of the UN.
Optimistic as ever |
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| chris123 hove actually 28 Sep 16 4.50pm |
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Originally posted by Stuk
Well this was just the other day *edit she was lobbying for a Bulgarian - apologies. Edited by chris123 (28 Sep 2016 5.05pm)
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 Cucking Funt Clapham on the Back 28 Sep 16 4.58pm |
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She's not listed as a possible candidate there. Or have I misread it? In answer to your other point, who, if not the German Chancellor, would make the decision as to whether the German government bails out DB?
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| chris123 hove actually 28 Sep 16 5.15pm |
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Originally posted by Cucking Funt
She's not listed as a possible candidate there. Or have I misread it? In answer to your other point, who, if not the German Chancellor, would make the decision as to whether the German government bails out DB? I read the article incorrectly and have corrected above. The CD's lead a fragile coalition and DB's survival is too important for the wider German economy, contagion/dominos. Also our stress testing scenarios aren't very stressful.
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| PA Bedfordshire 28 Sep 16 6.25pm |
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I can't find the article now but I recall reading about Deutsche Bank having high suicide rate from its London office. If DB goes to the wall, it'll be 2008 all over again.
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| Cucking Funt Clapham on the Back 28 Sep 16 6.36pm |
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Originally posted by PA
I can't find the article now but I recall reading about Deutsche Bank having high suicide rate from its London office. If DB goes to the wall, it'll be 2008 all over again. I felt like it once or twice.
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pefwin  Where you have to have an English ... 28 Sep 16 7.56pm |
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Surely they'll just sell Greece? Lloyd's and RBS are now essentially sound - sure I see they are still leaking money. Seems similar to the NY fed and AIG. BTW they made a massive profit on a deal for the benefit of NY; unlike our Chancellors seem to be able to make jack.
"Everything is air-droppable at least once." "When the going gets tough, the tough call for close air support." |
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| .TUX. 28 Sep 16 8.00pm |
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Originally posted by PA
I can't find the article now but I recall reading about Deutsche Bank having high suicide rate from its London office. If DB goes to the wall, it'll be 2008 all over again. Worse.
Buy Litecoin. |
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| Sportyteacher London 28 Sep 16 9.24pm |
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Originally posted by Cucking Funt
And one of potentially epic proportions. It's starting to look like Brexit, and more importantly, not joining the Euro, were very, very wise decisions. Really good spot! Banking sector will never learn yet how many jobs will their top brass take with them when they plummet as a result?
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| Cucking Funt Clapham on the Back 28 Sep 16 10.06pm |
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Originally posted by pefwin
Surely they'll just sell Greece? Lloyd's and RBS are now essentially sound - sure I see they are still leaking money. Seems similar to the NY fed and AIG. BTW they made a massive profit on a deal for the benefit of NY; unlike our Chancellors seem to be able to make jack. Sure, but there's no longer a ticking time bomb behind the scenes. I have no doubt that they will return to profitability in due course.
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| Cucking Funt Clapham on the Back 28 Sep 16 10.09pm |
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Originally posted by Sportyteacher
Really good spot! Banking sector will never learn yet how many jobs will their top brass take with them when they plummet as a result? Depends how many open positions they have as counterparties with DB, really. But, as Superfly pointed out, it would seem that some institutions are pulling up the drawbridge in terms of their dealings with them.
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