Aug 25

Deutsche Bank CEO Warns Of “Fatal Consequences” For Savers:

Deutsche Bank’s war of words with the ECB is not new: it was first unveiled in February when, as we wrote at the time “A Wounded Deutsche Bank Lashed Out At Central Bankers: Stop Easing, You Are Crushing Us.” Europe’s largest bank, with the massive derivatives book, then upped the ante several months later in June, when its chief economist Folkerts-Landau launched a shocking anti-ECB rant in which it warned of social unrest and another Great Depression.

Ironically, these infamous diatribes hurt more than helped: telegraphing to the market just how hurt DB was as a result of the ECB’s monetary policy, the market punished its stock, which has been recently trading within spitting distance of all time lows, in effect making Deutsche Bank’s life even harder as it now has to contend not only with its own internal profitability problems, but also has to maintain a market-facing facade that all is well. So far, it has not worked out very well, prompting numerous comparisons to another infamous bank.

 

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So, in what may have been DB’s loudest cry for help against the ECB’s unwavering commitment to rock-bottom interest rates, the bank’s CEO, John Cryan, warned in a guest commentary ahead of the Handelsblatt Banking Summit titled, appropriately enough “Banks in Upheaval”, to be held in Frankfurt on August 31 and September 1, that “monetary policy is now running counter to the aims of strengthening the economy and making the European banking system safer.Continue reading »

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Aug 19

ben artzi

Why A Deutsche Bank Whistleblower Turned Down A $8.25 Million Reward: In His Own Words:

At the height of the financial crisis, when risk assets were imploding and counterparties were in danger of overnight collapse, Deutsche Bank avoided failure and nationalization by fabricating the value of its $130 billion derivative portfolio of “leveraged super senior” trades.

Some history: back in 2005, these trades were seen as “the next big thing” in the world of credit derivatives, something which DB at the time was building a massive position in. They were designed to behave like the most senior tranche of a typical collateralised debt obligation, where assets such as mortgages or credit default swaps are pooled to give investors varying degrees of risk exposure. Deutsche became the biggest operator in this market, which involved banks buying insurance against the possibility of default by some of the safest companies, the FT writes. Continue reading »

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Aug 10

Related info:

Warren Buffett Exits Entire Credit Default Swap Exposure, As Citi’s Appetite For Derivative Destruction Surges

Continue to prepare for collapse!


deutsche bank

Deutsche Bank Unexpectedly Found To Have Massive Capital Gap, Larger Than Its Entire Market Cap:

After the ECB concluded its latest annual stress test, which as expected found no problems with Europe’s largest banks instead scapegoating Italy’s well-known troubled banks in results that were widely discredited by the market, yesterday in an unexpected outcome, German economic research institute ZEW found that Germany’s largest bank, Deutsche Bank, had the highest potential capital shortfall, as much as €19 billion in a study of 51 European banks using U.S. Federal Reserve stress test methods. The capital gap is greater than DB’s entire market cap.  Continue reading »

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Aug 03

financial-armageddon

The Financial Disease Spreading Globally No One Will Discuss: “The Real Risk Is Contagion”:

This article was written by Shaun Bradley and originally published at The Anti-Media.org.

Editor’s Comment: No one knows how much longer they can prop up the system and keep appearances. But one thing that is undeniable is how deep the financial crisis really goes. Nearly every Western nation is much more fragile than it appears on the surface; the exposure to derivatives, and the unsustainable system is headed for disaster – and there is no way to contain, stop or “fix” it.

Unfortunately, the perpetrators who have set us up for a fall are likely to escape in their golden parachutes before the disaster hits, and devastation spreads rapidly deep into the fabric of society. What is now a difficult time can and likely will become a nightmare where jobs are gone, money is inflated and worthless, and the real assets have been swindled. The patchwork solutions of the past financial crisis won’t hold, and the big one is falling upon us all like a ton of bricks. Continue reading »

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Aug 01

Deutsche Bank, Credit Suisse Kicked Out Of Stoxx Europe 50 Index:

What do you do when you are one of the biggest indices in Europe and are unable to rise simply because two of your biggest constituents, if not so much in market cap any more but certainly in terms of systemic importance,  just can’t catch a bid? Why you delete them, of course even if the two names in question happen to be Europe’s two largest banks, Deutsche Bank and Credit Suisse.

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Jul 27

Bilderberg &  Rothschild puppet Josef Ackermann …

Josef Ackermannjosef-ackermann

… did a fabulous job in destroying Deutsche.


Deutsche Bank Profit Plunges 98% And The Worst Is Yet To Come:

Never has Germany’s lending giant Deutsche Bank looked this miserable, and according to its latest earnings release, the pain is set to get even worse.

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Josef Ackermann Bilderberg 2010 in Sitges

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Jul 20

Deutsche Bank-2

Deutsche Bank to close almost 200 branches:

The closures are set to take place over the next few months , with 188 of Deutsche Bank’s 723 branches nationwide due to close their doors.

On Sunday, Deutsche Bank published a list of the affected branches.

North Rhine-Westphalia is to be hit hardest, with 51 branches in Germany’s most populous state listed for the chopping board. In Bavaria eleven will close, eight of which are in Munich. Continue reading »

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Jul 18

Deutsche Bank Loves Helicopter Money: Why “Big Inflation Is Coming… But Will First Require A Crisis”:

Helicopter policies are not advocated in ‘a normal world’. They are however almost inevitable in the next recession. “Japan will be the flag bearer of fiscal stimulus.” Which will be sufficient to breath some inflationary spirit into the system. “But this is all febrile and can get over-turned by the slightest change in wind direction,” he said, tentative. “This will be the little inflation before the big helicopter-driven inflation.” But that will first require a crisis.

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Jul 16

FYI.


War Is Coming And The Global Financial Situation Is A Lot Worse Than You May Think:

On the surface, things seem pretty quiet in mid-July 2016.  The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life.  But underneath the surface, it is a very different story.  As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far.

Let’s start with China.  On Tuesday, an international tribunal in the Hague ruled against China’s territorial claims in the South China Sea.  The Chinese government announced ahead of time that they do not recognize the jurisdiction of the tribunal, and they have absolutely no intention of abiding by the ruling.  In fact, China is becoming even more defiant in the aftermath of this ruling.  We aren’t hearing much about it in the U.S. media, but according to international news reports Chinese president Xi Jinping has ordered the People’s Liberation Army “to prepare for combat” with the United States if the Obama administration presses China to abandon the islands that they are currently occupying in the South China Sea… Continue reading »

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Jul 10

deutsche-bank-lehman


Deutsche

Deutsche Bank’s Chief Economist Calls For €150 Billion Bailout Of European Banks:

The cards have been tipped, and it appears Italy’s Prime Minister may have been right.

In the aftermath of Brexit, much of the investing public’s attention has turned to Italian banks which are in desperate need of a bailout as a result of €360 billion in bad loans growing worse by the day (and not a bail-in, as European regulations mandate, as that would lead to an immediate bank run) to avoid a freeze and/or collapse of Italy’s banking sector. This has pushed stock prices – and default risk – on Italian banks to record levels. So far Italy’s bailout requests have mostly fallen on deaf ears, as Germany’s political leaders have resisted Renzi’s recurring pleas for a taxpayer funded rescue. However, as we have alleged, and as the Italian Prime Minister admitted last week, the core risk for Europe is not just the Italian banking sector but the biggest bank of all in Europe: Deutsche Bank. Continue reading »

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Jul 10

Charting The Epic Collapse Of The World’s Most Systemically Dangerous Bank

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Jul 07

Meanwhile, European Bank Default Risk Is Spiking:

“It’s probably nothing…”

The headline-maker in Italy is Monte Paschi which has seen CDS soar post the regulatory ban on short-selling stock. At over 1700bps, this implies a 67% chance of default… crushing the hopes and dreams of 100s of thousands of mommas and poppas and Renzi’s dream of reelection…

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As Bloomberg adds, Banca Monte dei Paschi di Siena’s subordinated bonds fell to a five-month low amid reports that Italy and the European Commission are in deadlock over how to boost the country’s broken banking system. Continue reading »

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Jul 07

Here is the Bilderberg Rothschild puppet that destroyed Deutsche Bank:

Bilderberg Josef AckermannJosef Ackermann

Related info:

A Furious Italian Prime Minister Slams Deutsche Bank As Europe’s Most Insolvent Bank

Deutsche Bank Derivative Implosion have been confirmed by the pending sale of $1.1 TRILLION in derivatives to 3 US big banks (Videos)

Deutsche Bank: $75 Trillion In Derivatives (20 Times Greater Than German GDP) – Technically Insolvent – Share Price Now Lower Than Financial Crisis Low (Video)

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


Gundlach: “When Deutsche Bank Goes To Single Digits People Will Start To Panic”:

Following today’s Fed minutes release, Jeff Gundlach had a far less “uncertain” message: “Things are shaky and feeling dangerous,” Gundlach told Reuters in a telephone interview.

It’s not just stocks that Gundlach was not too excited about, he also had some choice words about buying Treasuries here. “You’re seeing people who hated the ‘2 percent’ 10-year suddenly loving it at a 1.38-1.39 percent revisit of the all-time low closing yield,” Gundlach said. “If you buy 10-year Treasuries now, I would say, it is a terrible trade location. In fact, it is the worst trade location in the history of the 10-year Treasury.” Continue reading »

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Jul 06

A Furious Italian Prime Minister Slams Deutsche Bank As Europe’s Most Insolvent Bank:

Several years ago, we were the first to point out the true “elephant in the room”, namely Deutsche Bank’s $75 trillion in derivatives which as we said at the time was about 20 times bigger than Germany’s GDP, and 5 times bigger than the entire economic output of the Eurozone.”

DB Derivs in context_0

This was largely ignored by the “experts” because why bring attention to something which is fundamentally a devastating break in the narrative that “Europe is fine” and the financial crisis is now contained.

Fast forward to today when Europe is once again not fine, only this time one can’t blame Europe’s problems on Greece (instead the same “experts” are trying to blame everything in Brexit), when in a surprising admission of reality, none other than Italy’s prime minister Matteo Renzi, “went there” and slammed Deutsche Bank as the true “derivative problem” facing Europe.

Continue reading »

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Jun 30

deutsche-bank-lehman

World’s Most Systemically Dangerous Bank Crashes Back To Record Lows:

Despite all the exuberance over the Brexit bounce in US (and UK) equities, never minds bonds, FX, and credit being far less enthusiastic, Deutsche Bank is plunging once again this morning. Having failed The Fed’s stress test for the second year running and been diagnosed by The IMF as the world’s most systemically dangerous financial entity, the giant Germanbank is getting slammed down almost 4% today, back near record lows as its ‘Lehman-esque’ path to devastation continues.

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Jun 30

FYI.


Deutschedeutsche-bank-lehman

“Deutsche Bank Poses The Greatest Risk To The Global Financial System”: IMF:

Over three years ago we wrote “At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World” in which we introduced a bank few until then had imagined was the riskiest in the world.

As we explained then “the bank with the single largest derivative exposure is not located in the US at all, but in the heart of Europe, and its name, as some may have guessed by now, is Deutsche Bank. The amount in question? €55,605,039,000,000. Which, converted into USD at the current EURUSD exchange rate amounts to $72,842,601,090,000….  Or roughly $2 trillion more than JPMorgan’s.” Continue reading »

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Jun 15

10Y bund DB

Deutsche Bank: “If One Wanted A Simple Indicator Of A Broken Financial System, Then This Is It”:

If there is one bank that is more concerned than any other about global central bank unorthodoxy, it is Deutsche Bank which as we reported yesterday, saw its stock price drop to a record low yesterday. As such it is not surprising that in his overnight note, DB’s Jim Reid focuses on the “broken financial system” and highlights the one indicator that confirms just how broken the system is: the Bund Yield.

This is what he said: Continue reading »

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Jun 03

Deutsche Bank ATMs Block Cash Withdrawal Due To “Technical Glitch”

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May 24

Deutsche Bank CEO “Very Disappointed” By Moody’s Downgrade:

As reported yesterday, adding insult to injury to a bank that just hours earlier admitted that in addition to rigging everything else it has also been caught engaging in “stock fraud” at the same time as a new mortgage probe was launched against it, Deutsche Bank’s senior debt rating was downgraded by Moody’s to Baa2, just two notches above junk. For the bank with the tens of trillions in derivatives, being seen as an increasingly more distressed counterparty was not good news and explains why the CEO took the unexpected step of having to defend his firm following the downgrade.

As Bloomberg reports, DB’s CEO John Cryan said he was not happy with the Moody’s decision, his bank has never had more capital and could easily repay its debt many times over.:

We are very disappointed,” Cryan said in an interview on the sidelines of the Institute of International Finance’s conference in Madrid. “We have enough capital to repay all of our debt four-times over.”

It is unclear if under debt he also included the bank’s gross notional derivative liabilities which are several tens of trillions worth. Continue reading »

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May 17

Deutsche

Analyst Warns Deutsche Bank’s Problems May Now Be “Insurmountable”:

Call it some no holds barred German bank on German bank action.

After a tumultous start to a year that Germany’s largest, and judging by the tens of billions in legal settlements and charges also its most criminal bank, Deutsche Bank, would love to forget, things got worse over the weekend when a note issued by another German bank said that either Deutsche will have to massively dilute its shareholders as a result of “insurmountable” debt, or a fate far worse could await the Frankfurt-based lender. Continue reading »

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May 14

Liquidity Problems? Deutsche Bank Offers 5% Yields If Depositors Lock Up Their Money For Three Months:

One of the reasons why central banks around the globe have flooded the financial system with trillions in excess reserves is to make sure that banks no longer have to rely on potentially fleeting short term deposits (and is also why negative interest rates have become the norm in so many part of the world, that $10 trillion in bills and bonds now trade with a negative yield). As a result of years of such central bank policy, banks – mostly in Europe – no longer need to compete with each other for deposits: after all why offer tempting deposit rates in an age of NIRP when banks can get all the liquidity they need straight from the ECB and in some cases even get paid on it.

Furthermore, the whole point of NIRP is to slowly unleash negative, not positive, interest rates in order to discourage savings.

Which is why we were surprised to find that in a promotional offer by Europe’s biggest, and by many accounts most insolvent, bank, Germany’s Deutsche Bank is not only not rushing to penalize depositors, on the contrary it is offering its Belgian clients a 5% gross return for new €10,000 – €50,000 deposits if this money is locked up for the next three months. The offer is only valid for the next 40 days, until June 24. Continue reading »

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May 12

Deutsche Bank Brokers Jailed After “Prolonged, Persistent Bad Behavior” In Biggest Insider Trading Bust Ever:

Two former Deutsche Bank corporate brokers have been sentenced to one of the longest prison terms possible for the crime of insider trading in the UK. As US financial market participants walk free in the streets managing their own “home office” money, Martyn Dodgson and Andrew Hind will be rotting in a Wandsworth prison cell (among the worst reputed of England’s prisons) for up to four and half years for what the judge called “persistent, prolonged and deliberately dishonest behavior.”As Bloomberg reports, the group, including three other defendants, formed part of the FCA’s biggest insider-trading investigation dubbed Operation Tabernula. Continue reading »

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May 01

Deutsche Bank Unveils The Next Step: “QE Has Run Its Course, It’s Time To Tax Wealth”:

Helicopter money may be on the horizon, but if Deutsche Bank has its way, there is at least one intermediate step.

According to DB’s Dominic Konstam, now that the benefits QE “have run their course”, it is time for the next, and far more drastic step: “the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes. With this stick would also come a carrot – for example, negative mortgage rates.” Continue reading »

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Apr 22

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Apr 20

Mobs of Angry Investors Fight Market Rigging, Maul Deutsche Bank in Class-Action Lawsuit, other Banks Next

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Apr 14

Gold-101


Deutsche Bank Admits It Rigged Gold Prices, Agrees To Expose Other Manipulators:

Well, that didn’t take long.

Earlier today when we reported the stunning news that DB has decided to “turn” against the precious metals manipulation cartel by first settling a long-running silver price fixing lawsuit which in addition to “valuable monetary consideration” said it would expose the other banks’ rigging having also “agreed to provide cooperation to plaintiffs, including the production of instant messages, and other electronic communications, as part of the settlement” we said “since this is just one of many lawsuits filed over the past two years in Manhattan federal court in which investors accused banks of conspiring to rig rates or prices in financial and commodities markets, we expect that now that DB has “turned” that much more curious information about precious metals rigging will emerge, and will confirm what the “bugs” had said all along: that the precious metals market has been rigged all along.” Continue reading »

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Apr 14

silver-coins

Deutsche Bank Confirms Silver Market Manipulation In Legal Settlement, Agrees To Expose Other Banks:

Back in July of 2014, we reported that in an attempt to obtain if not compensation, then at least confirmation of bank manipulation in the precious metals industry, a group of silver bullion banks including Deutsche Bank, Bank of Nova Scotia and HSBC (later UBS was also added to the defendants) were accused of manipulating prices in the multi-billion dollar market. Continue reading »

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Apr 12

From the article:

“And, in Germany, I have high level information that I can’t even release publicly (but I will tell TDV subscribers in our next issue coming out this week – subscribe here).  The reason I can’t (or won’t) release this information publicly is that it could cause mass pandemonium in Germany, and throughout the EU, if this information were known.  Yes, it’s that bad.”

In Germany the government is discussing right now to allow the military to be deployed within Germany’s borders (against terrorists, i.e. its citizens).

Deutsche Bank …

Deutsche Bank: $75 Trillion In Derivatives (20 Times Greater Than German GDP) – Technically Insolvent – Share Price Now Lower Than Financial Crisis Low (Video)

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

… is too big to save.

Bail-ins coming to a country near you.

Prepare for collapse.


 

Janet Yellen Meets With Obama In Emergency Meetings As Crises Erupt Worldwide:

The Credit Suisse Fear Barometer just hit an all-time high as reports circulated through the alternative media that Barack Obama discussed the imposition of martial law when he and Vice President Joe Biden met with Yellen on Monday in an “emergency meeting.”

The reports may be exaggerated but not the crisis-like feel of the meetings. This was reportedly a first: having the president and VP meeting directly with the Fed head. Does it have something to do with the “survival of the government” at a time when the US banking system may be facing a general default? According to some reports: “Members of the House and Senate are said to have been ‘up all night’ in discussions and meetings; with floods of phone calls back and forth. ”

Pick of Problems

What could be the problem?  Take your pick of dozens, literally! Continue reading »

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Apr 07

Deutsche Bank Lehman

“It’s Coming Apart At The Seams” – US Equities Plunge As Deutsche-Lehman Analog Looms

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Mar 16

Deutsche Bank-Lehman

Deutsche Bank Tumbles After CEO Says Bank Won’t Be Profitable This Year

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