Jan 21

Josef AckermannBilderberg Josef Ackermann

Member of the Steering Committee of the Bilderberg Group & former Deutsche Bank CEO Josef Ackermann did an excellent job for his elite masters.


Is Deutsche Bank The Next Lehman?

Deutsche Bank CEOs “Shown Door” – Trouble at World’s Largest Holder of Derivatives?

The Elephant In The Room: Deutsche Bank’s $75 TRILLION In Derivatives Is 20 Times Greater Than German GDP

Former Fed President Thomas Hoenig: Deutsche Bank ‘Is Horribly Undercapitalized … It’s Ridiculous’

Deutsche Bank Plunges to All-Time Lows:

Back on December 11, I wrote a post titled Deutsche Bank: Something is Seriously Wrong.  At the time, DB was trading in the low $24s, flirting with multi-year lows.  I showed how the bank was seriously diverging (negatively) from the rest of the financial sector and I outlined some big time red flags on the chart.  My takeaway at the time was that the long-term chart was suggesting further pain ahead.  What a difference a month makes. Take a look:

Deutsche Bank Plunges to All-Time Lows

Just this morning, Deutsche Bank issued a profit warning, stating that it expects its first full-year loss since 2008.  That sent the already battered stock tumbling 5.5%, breaking below it’s all-time low.  Today it actually traded lower than during the depths of the financial crisis.  Where there’s smoke there’s fire folks.  As I stated in my previous post, “this chart suggests something very bad is going on under the surface at DB.”  Here’s a daily chart for a closer inspection of today’s action:

Deutsche Bank Plunges to All-Time Lows-2

Ouch.  Maybe NotQuant.com was on to something after all?

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“These Are Extremely Poor Results”: Deutsche Bank Reports Titanic $7 Billion Annual Loss:

On Thursday, we got the latest bad news out of Deutsche as Cryan reported what he called “sobering” results for 2015. In short, the bank is staring down a net loss of €6.7 billion for the year, the first annual loss since 2008. “We see further downside risk on litigation – we model another €3.6bn in 2016 – which is likely to necessitate a capital raise.”




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