– Deutsche Bank Tells Investors Not To Worry About Its €46 Trillion In Derivatives
“The 46 trillion euros figure sounds gigantic, but it is completely misleading. The real risk is far lower” Deutsche Bank’s Chief Risk Officer Stewart Lewis told Welt am Sonntag. There is just one problem with this statement: Lewis made an almost identical promise that “Deutsche Bank is fine” two months ago. As it turned out, it wasn’t.
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Tags: Banking, Economy, Global News
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