Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman

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Offline Letsbereal

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Re: Time To Panic About Deutsche Bank! - Probably The Next Lehman
« Reply #80 on: February 11, 2016, 09:39:18 PM »
Deutsche Bank Is Back: 5 Year Sub CDS Soar To Record High
11 February 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-02-11/deutsche-bank-back-5-year-cds-soar-record-high

"Worse than Lehman" is how one European bond market trader described the carnage this week as the brief respite that ECB monetization and debt-buyback rumors provided yesterday have morphed into utter destruction this morning.





It's Not Just Deutsche Bank... Credit Suisse
11 February 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-02-11/its-not-just-deutsche-bank

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Offline Letsbereal

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Re: Time To Panic About Deutsche Bank! - Probably The Next Lehman
« Reply #81 on: February 15, 2016, 08:31:43 PM »
No, Deutsche Bank Is Not Fixed
15 February 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-02-15/no-deutsche-bank-not-fixed
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Offline Letsbereal

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Re: Time To Panic About Deutsche Bank! - Probably The Next Lehman
« Reply #82 on: February 16, 2016, 11:15:43 AM »
'Unfixed' Deutsche Bank Stock Slumps For 2nd Day
16 February 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-02-16/unfixed-deutsche-bank-stock-slumps-2nd-day


The changing face of coco bonds | FT Markets https://www.youtube.com/watch?v=bnEoKS5LLjA
Feb 16, 2016 Financial Times
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Offline Letsbereal

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Re: Time To Panic About Deutsche Bank! - Probably The Next Lehman
« Reply #83 on: February 24, 2016, 09:32:04 PM »
According To Morgan Stanley This Is The Biggest Threat To Deutsche Bank's Survival
24 February 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-02-24/according-morgan-stanley-biggest-threat-deutsche-banks-survival
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Offline Letsbereal

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Credit Suisse Blames "Worst January Ever" On Rogue Traders; Fires 2,000
« Reply #84 on: March 23, 2016, 11:13:09 AM »
CREDIT SUISSE

Credit Suisse Confusion on Costly Trades Casts Pall on Overhaul http://www.bloomberg.com/news/articles/2016-03-24/credit-suisse-confusion-on-costly-trades-casts-pall-on-overhaul


Credit Suisse Blames "Worst January Ever" On Rogue Traders; Fires 2,000 http://www.zerohedge.com/news/2016-03-23/credit-suisse-blames-worst-january-ever-rogue-traders-fires-2000

Credit Suisse to Cut More Jobs, Speed Up Trading Reductions http://www.bloomberg.com/news/articles/2016-03-23/credit-suisse-targets-more-cost-savings-increases-trading-cuts

Credit Suisse, the Jailed Banker and an Oligarch's Millions http://www.bloomberg.com/news/articles/2016-03-23/credit-suisse-the-jailed-banker-and-an-oligarch-s-missing-money

Credit Suisse CEO Blindsided as Bank Added to Risky Positions http://www.bloomberg.com/news/articles/2016-03-23/credit-suisse-ceo-blindsided-as-bank-added-to-risky-positions


Credit Suisse Said to Speed Up, Deepen Investment Bank Cuts http://www.bloomberg.com/news/articles/2016-03-22/credit-suisse-said-to-accelerate-deepen-cuts-to-investment-bank

U.S. orders Credit Suisse to pay $665,000 over wheat futures 2016-03-22 http://www.reuters.com/article/us-credit-suisse-gp-usa-wheat-idUSKCN0WO2CQ

Credit Suisse to cut 163 jobs in New York 2016-03-11 http://www.reuters.com/article/us-creditsuisse-redundancies-idUSKCN0WD2NP

HEADLINES FEBRUARY 2016

- It's Not Just Deutsche Bank... Credit Suisse 2016-02-11

- Credit Suisse Slides to 27-Year Low Amid Selloff, Overhaul 2016-02-11

- Credit Suisse Plunges To 25 Year Lows After Posting Enormous $5.8 Billion Q4 Loss 2016-02-04

- Credit Suisse Drops as Investment Bank Slump Deepens Losses 2016-02-04

- Credit Suisse Stock Plummets as Investors Question CEO's Targets 2016-02-04

- Credit Suisse's Thiam under pressure after first loss since 2008 2016-02-04



If you make money you’re a trader but if you don’t you’re a rogue trader.
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Offline Letsbereal

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Re: Time To Panic About Deutsche Bank! - Probably The Next Lehman
« Reply #85 on: March 24, 2016, 05:30:56 PM »
Deutsche Bank Spikes Most In 5 Years (Just Like Lehman Did) http://www.zerohedge.com/news/2016-02-10/deutsche-bank-spikes-most-5-years-just-lehman-did

Deutsche Bank Will Have Government Backing If Needed, Mack Says http://www.bloomberg.com/news/articles/2016-02-10/deutsche-bank-will-have-government-backing-if-needed-mack-says

Deutsche Bank May Write Down Postbank Again Closer to Sale http://www.bloomberg.com/news/articles/2016-02-10/deutsche-bank-may-write-down-postbank-again-closer-to-sale-date-ikh4hg67

Lender Surge Drives Europe Share Rebound as Deutsche Bank Jumps http://www.bloomberg.com/news/articles/2016-02-10/europe-shares-struggle-to-hold-rebound-deutsche-bank-advances

Deutsche Bank Jumps as Lender Said to Consider Bond Buyback http://www.bloomberg.com/news/articles/2016-02-09/deutsche-bank-erases-loss-in-u-s-trading-on-bond-buyback-report

CoCo DEUTSCHE BANK

Deutsche Bank's CoCo Payments Hinge on Obscure Accounting Metric http://www.bloomberg.com/news/articles/2016-02-10/deutsche-bank-s-coco-payments-hinge-on-obscure-accounting-metric

Deutsche Bank’s Woes Threaten CoCo Coupons, CreditSights Says http://www.bloomberg.com/news/articles/2016-02-08/deutsche-bank-s-woes-threaten-coco-coupons-creditsights-says

Here's What You Need to Know About CoCo Bonds https://www.youtube.com/watch?v=jR9ncJcD8jY

Deutsche Bank’s Assurance Exposes Tip of CoCo Iceberg: Analysis http://www.bloomberg.com/news/articles/2016-02-10/deutsche-bank-s-assurance-exposes-tip-of-coco-iceberg-analysis

CoCo Bonds Take Off: What Are They and How Do They Work? http://www.bloomberg.com/news/videos/2016-02-09/coco-bonds-take-off-what-are-they-and-how-do-they-work

How the Bank Debt That Everyone Is Talking About Works: Q&A http://www.bloomberg.com/news/articles/2016-02-09/how-the-bank-debt-that-everyone-is-talking-about-works-q-a

CoCo the Monkey https://www.youtube.com/watch?v=gXTlAJrgGEY

Bankers Challenging CoCo Payment Rules Begin to Get Their Reward
24 March 2016
, by Boris Groendahl and John Glover (Bloomberg)
http://www.bloomberg.com/news/articles/2016-03-24/bankers-challenging-coco-payment-rules-begin-to-get-their-reward

- ECB's Nouy seeks `certainty, clarity' for the market

- One lawmaker warns it might open a legal `Pandora's box'
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Offline windyacres

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


Zero Hedge
May 12, 2016

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.

The FCA accused Dodgson and Harrison of passing inside information on possible deals from their jobs between 2006 and 2010 to Hind who the agency claimed gave them to Parvizi and Anderson to trade on. All of the men denied the charge. But as Bloomberg reports, the sentences are among the longest handed down in an FCA insider-dealing case…

    Martyn Dodgson, 44, was sentenced Thursday in London (to 4 1/2 years in jail)  alongside friend and accountant Andrew Hind, who was given a 3 1/2 year prison term for the same offense. The men were found guilty of insider dealing on Monday after a four-month trial.

    “This was persistent, prolonged and deliberately dishonest behavior,” Judge Jeffrey Pegden said when handing down the sentence. Dodgson showed a “gross breach of trust.”

    The sentences were another victory for the Financial Conduct Authority, which has won 30 convictions for insider trading since it started prosecuting the crime less than a decade ago. The success comes as U.S. prosecutors are struggling with a court ruling that limits their ability to tackle the offense.

    Three other defendants in the case, former Panmure Gordon & Co. corporate broker Andrew “Grant” Harrison and day traders Benjamin Anderson and Iraj Parvizi, were acquitted. They also used nicknames including Fatty, Nobu and Fruit in an effort to disguise their identities.

    The group formed part of the FCA’s biggest insider-trading investigation dubbed Operation Tabernula. The FCA already secured three other convictions in relation to the probe.

    The sentences are among the longest handed down in an FCA insider-dealing case. Former Moore Capital Management LLC trader Julian Rifat, another target in Tabernula, received a 19-month prison sentence last year after pleading guilty.

Finally, we note that, Dodgson and Hind will probably start their sentences in HM Prison Wandsworth, a Victorian jail south of the Thames known for its poor conditions and violent residents.

The City regulator heralded the case as proof it can hold rule-breakers to account…

    “This was an extraordinary and complex case of a type not prosecuted in this country before,” said enforcement boss Mark Steward. “The message is loud and clear, that the FCA will not tolerate sophisticated predatory criminals abusing our markets. This case demonstrates our capability and determination to root out this kind of abuse and ensure our market and the investing public are properly protected.

    “Dodgson was an experienced and well-paid banker, well aware that what he was doing constituted a criminal offence and who conspired with Hind to abuse our market and to profit at the expense of the investing public.

    “The FCA is committed to detecting this kind of abuse and make the perpetrators fully accountable in accordance with the law.”


http://www.prisonplanet.com/deustche-bank-brokers-jailed-after-prolonged-persistent-bad-behavior-in-biggest-insider-trading-bust-ever.html
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Offline Letsbereal

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Analyst Warns Deutsche Bank's Problems May Now Be "Insurmountable"
16 May 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-05-16/analyst-warns-deutsche-banks-problems-may-now-be-insurmountable
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Offline windyacres

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May 2016: Will Deutsche Bank Survive This Wave Of Trouble Or
Will It Be The Next Lehman Brothers? 



http://www.prisonplanet.com/may-2016-will-deutsche-bank-survive-this-wave-of-trouble-or-will-it-be-the-next-lehman-brothers.html
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Offline windyacres

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Moody's Downgrades Deutsche Bank's Debt Two Notches Above Junk   


While not quite on the level of last week's Berenberg downgrade (to Sell) which warned that DB's problems are now "insurmountable", shortly after the close Moody's surprised the market with a downgrade that may have substantial repercussions on the funding costs (and perhaps viability) of the largest German, and European, lender.

Shortly after the market close, the rating agency decided to pile some more pain on the misery that has befallen Germany's largest lender (who just today admitted it had rigged stocks in addition to seeing yet another MBS probe unveiled against it), when it downgraded the bank's credit ratings across the board as follows: Senior debt to Baa2, or just two notches above junk, Long term deposits to A3 and counterparty risk assessment to A3.

Moody's also downgraded Deutsche Bank's short-term ratings and short-term counterparty risk assessments were also downgraded to Prime-2 from Prime-1 and to Prime-2(cr) and Prime-1(cr).

Moody's downgrades Deutsche Bank's ratings (senior debt to Baa2, long term deposits to A3 and counterparty risk assessment to A3(cr)); outlook stable

The full release:

Moody's Investors Service has today downgraded the ratings of Deutsche Bank AG and affiliates, including the bank's long-term deposit rating, to A3 from A2, its senior unsecured debt rating to Baa2 from Baa1, its standalone baseline credit assessment (BCA) to ba1 from baa3, and its counterparty risk assessment to A3(cr) from A2(cr). Deutsche Bank's short-term ratings and short-term counterparty risk assessments were also downgraded to Prime-2 from Prime-1 and to Prime-2(cr) and Prime-1(cr), respectively. Today's rating action reflects the increased execution challenges Deutsche Bank faces in achieving its strategic plan.

Moody's also downgraded the ratings of US--based Deutsche Bank Trust Corporation and its trust company affiliates. These trust companies'
long-term deposit ratings were downgraded to A2 from A1, their long-term issuer ratings were downgraded to Baa2 from Baa1, their standalone baseline credit assessment was downgraded to baa1 from a3; their long-term and short-term counterparty risk assessments were downgraded to A3(cr) from A2(cr) and to Prime-2(cr) and Prime-1(cr) respectively. The Prime-1 short-term deposit ratings of these trust companies were affirmed.

The outlook on the ratings is now stable, reflecting the potential long-term benefits to creditors of Deutsche Bank's five-year strategy plan through 2020 once achieved. It also reflects actions taken by the management team to preserve capital and liquidity during the restructuring process. This rating action concludes Moody's review for downgrade of Deutsche Bank and its subsidiaries which began on 21 March 2016.

RATIONALE FOR RATINGS DOWNGRADE

Deutsche Bank is engaged in a multi-year undertaking to simplify its businesses, fortify its controls, strengthen its balance sheet and stabilize its earnings. Once substantial progress has been made, Deutsche Bank will have a reduced risk profile, more balanced earnings and operate with more conservative levels of leverage. Accomplishing these objectives will be positive for Deutsche Bank's creditors, and the newly appointed management team is diligently attempting to execute this plan.

However, the rating downgrade reflects increased risks to Deutsche Bank's ability to successfully execute this ambitious, creditor-friendly plan. Deutsche Bank's performance over the last several quarters has been weak, and substantial operating headwinds, including continuing low interest rates and macroeconomic uncertainty, will challenge the firm. These forces will likely result in periods of subdued customer volumes and revenues within Deutsche Bank's retail, asset management and institutional franchises, in Moody's view. Moody's expects that such revenue weakness could hinder or delay Deutsche Bank's ability to make progress on its plan, as this would be contingent on the firm's ability to balance the impact of plan-related expenses on its internal capital generation against the firm's growing regulatory capital requirements.

"Deutsche Bank's new management team is executing in a disciplined way, but the headwinds have stiffened, reducing the firm's operating flexibility", said Peter Nerby, a Moody's Senior Vice President.

These challenges have been evident in revenue pressures facing Deutsche Bank over the past two quarters. Looking ahead, continuing headwinds could limit management's ability to address one of the bank's key credit challenges - to improve its structurally weak profitability and internal capital generation by 2018. Moody's estimates that the firm is unlikely to achieve its targeted profitability improvements unless there is a material and sustained improvement in the operating environment.

RATIONALE FOR STABLE OUTLOOK




At the same time, the outlooks on Deutsche Bank's ratings are stable, reflecting the potential long-term benefits to creditors of the five-year plan through 2020. Deutsche Bank maintains a sound liquidity position which is supportive of the bank's credit fundamentals while management is deploying many operating and financial tools to execute this multi-faceted re-engineering. Recent actions include the implementation of a more comprehensive account opening process, the decommissioning of many legacy systems and the closure of onshore
operations in Russia.

The stable outlooks also reflect actions taken by the management team to preserve capital and liquidity during the restructuring process, such as suspending the dividend on its common stock and accelerating asset sales. These are important actions to maintain prudent cushions above regulatory minimums, if profit generation is limited in 2016 and 2017.

The downgrades to Deutsche Bank Trust Corporation and its trust company affiliates reflect the close linkages of the franchise value and client base of these operations to those of the parent Deutsche Bank. At the same time, the baa1 baseline credit assessments of the trust companies remain three notches above those of Deutsche Bank, reflecting strong regulatory ring-fencing, which preserves the capital and liquidity position of these entities as well as a lower risk profile focused on operational and wealth management services within these entities.

What Could Change the Rating - Up?

Steady progress toward improving profitability and reducing tail risks in the form of outstanding litigation and the run-off of legacy
positions as well as material progress in rebuilding the information technology environment of the bank, could lead to a rating upgrade.

What Could Change the Rating - Down?

The current ratings incorporate the possibility for a modest loss and substantial litigation costs in 2016 and the potential for limited profitability in 2017. Further downward pressure could occur if capital ratios weaken substantially or if liquidity declines sharply.


http://www.zerohedge.com/news/2016-05-23/moodys-downgrades-deutsche-banks-debt-two-notches-above-junk
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Offline Letsbereal

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A look at the global economic malaise through Deutsche Bank
21 June 2016
, by Ivan Martchev (MarketWatch)
http://www.marketwatch.com/story/a-look-at-the-global-economic-malaise-through-deutsche-bank-2016-06-21
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Offline Letsbereal

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Fed Fails Deutsche Bank And Santander In Stress Test
« Reply #91 on: June 29, 2016, 08:36:30 PM »
Fed Fails Deutsche Bank And Santander In Stress Test, As 31 Other Banks Unleash Dividend, Buyback Frenzy
29 June 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-06-29/fed-clears-31-33-banks-return-cash-shareholders-stress-test-fails-deutsche-bank-and-
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Offline Letsbereal

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“Deutsche Bank Poses The Greatest Risk To The Global Financial System”: IMF
29 June 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-06-29/imf-deutsche-bank-poses-greatest-risk-global-financial-system


‘First Bullet Shot Trough The Holy Church’ – U.S. financial take down of Europe first ...

… wheels are in motion …
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Offline Letsbereal

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World's Most Systemically Dangerous Bank Crashes Back To Record Lows
30 June 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-06-30/worlds-most-systemically-dangerous-bank-crashes-back-record-lows
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Offline Letsbereal

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Diving Into Deutsche Bank's "Passion To Perform" Balance Sheet
1 July 2016
, by Michael Shedlock - MishTalk (Zero Hedge)
http://www.zerohedge.com/news/2016-07-01/diving-deutsche-banks-passion-perform-balance-sheet
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Offline Letsbereal

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Meanwhile At The Most Systemically Dangerous Bank In The World...
4 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-04/meanwhile-most-systemically-dangerous-bank-world

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Offline Letsbereal

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Gundlach: "When Deutsche Bank Goes To Single Digits People Will Start To Panic
6 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-06/gundlach-when-deutsche-bank-goes-single-digits-people-will-start-panic

A Furious Italian Prime Minister Slams Deutsche Bank As Europe's Most Insolvent Bank
6 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-06/furious-italian-prime-minister-slams-deutsche-bank-europes-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."

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Offline Letsbereal

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Deutsche Bank Following Lehman Collapse Pattern, May Have 2-3 Months Left! – Jim Willie
8 July 2016
, by The Doc (Silver Doctors)
http://www.silverdoctors.com/gold/gold-news/deutsche-bank-following-lehman-collapse-pattern-may-have-2-3-months-left-jim-willie/
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Offline Letsbereal

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Charting The Epic Collapse Of The World’s Most Systemically Dangerous Bank
9 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-09/charting-epic-collapse-worlds-most-systemically-dangerous-bank


Well after the death of Deutsche bank (and Europe for that matter) we finally are going to find out how ‘quick and painless’ the deaths of Lehman Brothers and Bear Stearns actually were.

Wouldn’t call 95 million Americans not in The Labor Force exactly ‘painless’. But hee … I am no freakin' Yankee biased doodle, the American banks have exactly the same problem.
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Offline Letsbereal

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This is a good thing isn't it?


We folks make our calls early 8)
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Offline Letsbereal

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Deutsche Bank’s Chief Economist Calls For €150 Billion Bailout Of European Banks
10 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-10/deutsche-banks-chief-economist-calls-%E2%82%AC150-billion-bailout-european-banks
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Offline Letsbereal

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70% Of German Bonds Are No Longer Eligible For ECB Purchases
« Reply #101 on: July 11, 2016, 04:14:54 PM »
70% Of German Bonds Are No Longer Eligible For ECB Purchases
10 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-10/70-german-bonds-are-no-longer-eligible-ecb-purchases

Deutsche Bank CoCo Bonds Soar To 11.5% Yield Following Bailout Demands
11 July 2016
, by Anthony Sanders - Confounded Interest (Zero Hedge)
http://www.zerohedge.com/news/2016-07-11/deutsche-bank-coco-bonds-soar-115-yield-following-bailout-demands

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Offline Letsbereal

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S&P Cuts Deutsche Bank Outlook To Negative On "Challenging Operating Conditions"
19 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-19/sp-cuts-deutsche-bank-outlook-negative-challenging-operating-conditions
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Offline Letsbereal

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Deutsche Bank Flags Deeper Cuts as Trading Drop Hits Profit
27 July 2016
, by Nicholas Comfort and Jan-Henrik Foerster (Bloomberg)
http://www.bloomberg.com/news/articles/2016-07-27/deutsche-bank-profit-slides-on-overhaul-charges-trading-slump

- Global markets unit reports 28% drop in quarterly revenue

- Cost-to-income ratio at 91%, up from 85% a year earlier
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Offline Letsbereal

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Deutsche Bank Profit Plunges 98% And The Worst Is Yet To Come
27 July 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-07-27/deutsche-bank-profit-plunges-98-and-worst-yet-come


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Offline Letsbereal

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Deutsche Bank Said to Revive Trading of Credit Options in Europe
29 July 2016
, by Katie Linsell and Alastair Marsh (Bloomberg)
http://www.bloomberg.com/news/articles/2016-07-29/deutsche-bank-said-to-revive-trading-of-credit-options-in-europe-ir7l2qu3

Deutsche Bank AG is dipping back into an area of the credit derivatives market in Europe that it all-but pulled out of in 2014.

Markets Go Loco for CoCos Once Thought Only So-So - Contingent convertible bonds are back
29 July 2016
, by Sid Verma and Tom Beardsworth (Bloomberg)
http://www.bloomberg.com/news/articles/2016-07-29/markets-go-loco-for-cocos-once-thought-only-so-so

It's been a roller coaster six months for investors in bank debt. At the beginning of the year, the market for contingent convertible bonds, known as CoCos, seized up, imperiling the post-crisis effort to resolve banks without recourse to taxpayer funds.

CoCos - Deutsche Bank http://forum.prisonplanet.com/index.php?topic=14868.msg1591205#msg1591205


Deutsche Bank Said to End Latvian Lenders’ Dollar Accounts
29 July 2016
, by Aaron Eglitis (Bloomberg)
http://www.bloomberg.com/news/articles/2016-07-28/deutsche-bank-said-to-end-latvian-lenders-dollar-market-access

- Some banks to lose ability to clear transactions directly

- Baltic nation has faced criticism over money laundering
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Offline Letsbereal

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Deutsche Bank, Credit Suisse Kicked Out Of Stoxx Europe 50 Index
1 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-01/deutsche-bank-credit-suisse-kicked-out-stoxx-europe-50-index
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The Looming Financial Crisis Nobody Is Talking About, But Should Be
1 August 2016
, by Shaun Bradley - The Anti Media (Zero Hedge)
http://www.zerohedge.com/news/2016-08-01/looming-financial-crisis-nobody-talking-about-should-be
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Deutsche Bank Unexpectedly Found To Have Massive Capital Gap, Larger Than Its Entire Market Cap
9 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-10/deutsche-bank-unexpectedly-found-have-massive-capital-gap-larger-its-entire-market-c

Using the Fed's approach, and thus a far more credible approach than that proposed by the ECB, the 51 European banks showed a total capital shortfall of €123 billion, with the largest gaps at Deutsche Bank, Societe Generale (€13 billion) and BNP Paribas (€10 billion).
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A German Bank Finally Caves: Will Charge Retail Investors A Negative 0.4% Rate
« Reply #109 on: August 14, 2016, 04:34:20 PM »
A German Bank Finally Caves: Will Charge Retail Investors A Negative 0.4% Deposit Rate
13 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-13/german-bank-finally-caves-will-charge-retail-investors-negative-04-deposit-rate


A Stunning Admission From Deutsche Bank Why A Shock Is Needed To Collapse The Market, And Force A Real Panic
13 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-13/stunning-admission-deutsche-bank-why-shock-needed-collapse-market-and-force-real-pan
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Offline Letsbereal

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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #110 on: September 01, 2016, 02:12:56 PM »
NEWS AND VIEWS FROM THE NEFARIUM SEPT 1 2016 https://www.youtube.com/watch?v=R1oVJ-Dz35g

September 1, 2016, Giza Death Star Community

You tell me: Deutsche Bank is refusing gold deliveries, while simultaneously pointing out the overvaluation of the S&P index due to central bank action.


Deutsche Bank Calculates How Much Of The S&P's Value Is Due To Central Banks
30 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-30/deutsche-bank-calculates-how-much-sps-value-due-central-banks

Every push higher in yield, whether orchestrated by central banks, or due to exogenous events like a "taper tantrum" risks upsetting this precariously compressed ERP "spring", leading to a violent market crash.

Because if the ERP is responsible for 92% of the S&P500 move since 2012, or just over 800 points, that would suggest that central bank policies are directly responsible for approximately 40% of the "value" in the market, and any moves to undo this support could result in crash that wipes out said ERP contribution, leaving the S&P500 somewhere in the vicinity of 1,400.

In retrospect, it becomes obvious why the Federal Reserve is petrified about even the smallest, 25bps rate hike.



Deutsche Bank Refuses Delivery Of Physical Gold Upon Demand
31 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-31/deutsche-bank-refuses-delivery-physical-gold-upon-demand

Excerpt:

Xetra-Gold is an Exchange-Traded Commodity which differentiates itself by "representing that every gram of gold purchase electronically is backed by the same amount of physical gold" and its principal bank is none other than Deutsche Bank.

Xetra-Gold investors are entitled to the delivery of the certified amount of physical gold at any time, and adds that "since the introduction of Xetra-Gold in 2007, investors have exercised this right 900 times, with a total of 4.5 tons of gold delivered."


And with Germans recently rushing to buy safes or find sound money alternatives in a country where the interest rate is negative, the ETC, it is not surprising that the population has flocked to its offering.

However, something appears to have changed.

Conclusion: anyone who wants to easily convert their Xetra-Gold holdings into physical gold - at least for clients of Deutsche Bank - can do so only by selling their shares, and then buying gold coins or bars directly elsewhere. Which leads the author to the logical question: what is the worth of the Xetra-Gold service, which certifies the right to redeem physical gold, if said delivery is no longer possible?

In other words, what was supposedly an ETC which promised physical delivery upon demand, is nothing more than yet another "paper only" play.

We, on the other hand, have a more focused question: is the inability to deliver physical gold an incipient issue with Xetra-Gold, or with the company's "designated sponor" Deutsche Bank, and if the latter is suddenly unable to satisfy even the smallest of delivery requests by retail clients, just how unprecedented is the global physical gold shortage?


German Economy Minister: “TTIP Talks Have Failed”
28 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-28/german-economy-minister-ttip-talks-have-failed

“The Americans Give Us Nothing”: France Effectively Kills TTIP, Calls For End To Negotiations
30 August 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-08-30/americans-give-us-nothing-france-effectively-kills-ttip-calls-end-negotiations

Et Tu Austria - 3rd European Nation Abandons TTIP Trade Deal
2 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-02/et-tu-austria-3rd-european-nation-abandons-ttip-trade-deal


More Evidence Germany Preparing for WAR: Doctors Are Being DRAFTED
31 August 2016
, (The Daily Sheeple)
http://www.thedailysheeple.com/more-evidence-germany-preparing-for-war-doctors-are-being-drafted_082016
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #111 on: September 04, 2016, 05:31:09 AM »
Deutsche Bank CEO Weighs Drastic Steps as Revamp Sputters
1 September 2016
, by Ambereen Choudhury (Bloomberg)
http://www.bloomberg.com/news/articles/2016-09-01/deutsche-bank-s-cryan-weighs-drastic-steps-as-revamp-sputters

- Commerzbank deal talks suggest desperation, says analyst

- Merger might make sense later but not now, investor says

John Cryan is going back to the drawing board after Deutsche Bank AG lost more than half its market value since he unveiled his overhaul last year.
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #112 on: September 15, 2016, 10:23:25 PM »
Deutsche Bank Slapped With $14 Billion Fine By DOJ Over Mortgage Probe
15 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-15/deutsche-bank-slapped-14bn-fine-doj-over-mortgage-probe

Deutsche Bank nearing settlement with U.S. authorities on mortgages: sources
9 September 2016
, by Arno Schuetze and Andreas Kröner - Frankfurt (Reuters)
http://www.reuters.com/article/us-deutsche-bank-mortgages-settlement-idUSKCN11F155
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #113 on: September 16, 2016, 10:54:19 AM »
Deutsche Bonds "Dropping Like A Stone" As 'Most Dangerous Bank In The World' Plummets
16 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-16/deutsche-bonds-dropping-stone-most-dangerous-bank-world-plummets

Deutsche Bank Shares Tank After CEO Rejects $14 Billion DOJ Settlement
16 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-16/deutsche-bank-shares-tank-after-ceo-rejects-14-billion-doj-settlement
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German banks: shipping’s next victim?
« Reply #114 on: September 16, 2016, 11:39:18 AM »
German banks: shipping’s next victim? https://www.youtube.com/watch?v=7qIGGXkCEnY

Sep 16, 2016 Reuters

German banks are counting the cost of the global shipping crisis that has already claimed Hanjin as a victim, with their exposure thought to amount to $100 billion of loans.

As Ivor Bennett reports, a worsening in the crisis could land them with huge losses.
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #115 on: September 18, 2016, 09:27:52 PM »
Financials drag stocks lower on Deutsche Bank fine risk http://www.reuters.com/article/us-global-markets-idUSKCN11M024

Deutsche Bank to fight $14 billion demand from U.S. authorities http://www.reuters.com/article/us-deutsche-bank-mortgages-idUSKCN11L2VQ

RBS shares hit after U.S. demands hefty fine from Deutsche Bank http://www.reuters.com/article/us-rbs-stock-fines-idUSKCN11M1F7

Cost of insuring Deutsche Bank's debt rises 8 percent after DOJ fine: Markit http://www.reuters.com/article/us-deutsche-bank-mortgages-cds-idUSKCN11M129

Germany expects fair result in Deutsche Bank U.S. mortgages case http://www.reuters.com/article/us-deutsche-bank-mortgages-germany-idUSKCN11M0Z3

Deutsche Bank, I Know What You Did Last Summer! https://www.youtube.com/watch?v=DuzdjD31qXE
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #116 on: September 19, 2016, 03:28:52 PM »
Deutsche Bank to securitize billions worth corporate loans: source
19 September 2016
, (Reuters)
http://www.reuters.com/article/us-deutsche-bank-loans-idUSKCN11P2G0

Deutsche Bank Extends Losses Near Record Lows: "Significantly Undercapitalzied... Even Without Bad Outcomes"
19 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-19/deutsche-bank-extends-losses-near-record-lows-significantly-undercapitalzied-even-wi

Italy's PM Unloads On Deutsche Bank's Unfixable Problem: "Hundreds And Hundreds Of Billions Of Derivatives"
19 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-19/italys-pm-unloads-deutsche-banks-unfixable-problem-hundreds-and-hundreds-billions-de
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #117 on: September 20, 2016, 05:01:46 AM »
Why Credit Suisse Sees Less Than 1% Chance Of Exitaly: The Answer In One "Simple Chart"
19 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-19/why-credit-suisse-sees-less-1-chance-exitaly-answer-one-simple-chart
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #118 on: September 20, 2016, 12:27:46 PM »
Is This Why Deutsche Bank Is Crashing (Again)?
20 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-20/why-deutsche-bank-crashing-again
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Re: Time To Panic About Deutsche Bank & Credit Suisse! - Probably The Next Lehman
« Reply #119 on: September 21, 2016, 01:47:22 PM »
“Deutsche Bank May Ultimately Need A State Bailout” – Handelsblatt
21 September 2016
, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/2016-09-21/deutsche-bank-may-ultimately-need-state-bailout-handelsblatt

Could Germany Ever Allow Deutsche Bank To Go Under?
20 September 2016
, by Golem XIV (Zero Hedge)
http://www.zerohedge.com/news/2016-09-20/could-germany-ever-allow-deutsche-bank-go-under

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