Deutsche Bank AG (DB)

[Taurus69]

$db $10.1 ^ 0.38 (3.91%)

[Taurus69]

$db $9.53 ^ 0.21 (2.25%)

[Taurus69]

$db $9.39

[Taurus69]

$db $8.69

[Taurus69]

$db $8.4

[Taurus69]

$db $7.32

[Taurus69]

$db $6.93

[Taurus69]

$db $7.15

[ernie44]

they pump everything ---lol

[fromtheuk]

Bloomberg ....?

In that case DB is certainly doomed.. Those idiots are never right.

[ernie44]

Bloomberg said the bank was going to boom
even before it did

[fromtheuk]

Now why would DB shares go up on such bad news.

https://www.google.co.uk/amp/s/finance.yahoo.com/amphtml/news/deutsche-bank-swings-first-quarter-055315800.html

Ok, they met estimates, but the Covid future for DB is clear

This should be $3-4

[Taurus69]

$db $5.95

[Taurus69]

$db $6.18

[Taurus69]

$db $6.54

[fromtheuk]

Deutsche effectively defaulted in March, and we all missed it..

https://finance.yahoo.com/news/deutsche-bank-delays-repayment-1-153502506.html

This is not going to end well

[UpTickMeA$AP]

Communist china messed up at a level that calls for their heads.

The current ruling communist party in china will go down in history as one of the worst groups ever known to mankind. They spread death worldwide.

Concentration camps and all... Hitler reborn.

[fromtheuk]

It will not survive this in any way we understand it today. I expect all countries to goto China for full compensation.

But do you know what’s more scary....

Trump was right..

His withdrawal of WHO funding is an early pointer.

The allegation this escaped from the Wuhan LAB was run by the BBC today. It’s no longer a simple conspiracy theory. The BBC listed documents from 2018 warning the labs bio insecurity. Specifically mentioned Covid.

Edit, found the link

https://www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/science-environment-52318539

[UpTickMeA$AP]

Considering china has caused a pandemic killing people worldwide, and has tried to cover up so much, let's hope the world ends communist china as we know it.

[fromtheuk]

It won’t be them

China will be the worst hit

[UpTickMeA$AP]

I don't even like stopping by this board. Feels like I'm at a crime scene, and should close my eyes.

=)

It's the end of the world! Kiss the hand of communist china, and bow to your new master!

[fromtheuk]

Found this one, which is post pandemic on the derivatives. It also covers the party risk i mentioned in my post. Although DB is mentioned many times ( as the worst offender ) It focuses on the Global precious metals derivatives market as an example of the larger issue.

https://www.goldmoney.com/research/goldmoney-insights/the-looming-derivative-crisis

Total world exposure is $640 trillion

2020 World GDP is about 90 trillion

To avert disaster currencies will need to print like never before. Including saving dysfunctional businesses that no sane bank would lend to ( but will be forced to anyway ). As if they default on their party losses to the derivatives market, the banks go under.

We are heading to a new financial system. The death of the current one will be terrifying.

[fromtheuk]

The derivatives risk is a complex one, and i know the 49 trillion is a big big number, but its nots quite as big as its seems, or at least wasn't until now. That report is a few months old now, and the work the CEO has done may have reduced it a bit..

In essence a derivative is a two way bet. Party A thinks something is going to happen, and Party B believes the opposite. The bank operates as the casino, and takes the bet from both parties ( plus a small percentage ). The bank doesn't care which way it goes, it gets the commission either way. It pays the winner, and collects from the looser.

The bank has to make sure of a couple of things

1) it doesn’t over leverage in either direction. This can never be perfect, and it also makes it hard to wind down exposure, as each deal offsets another..

2) it needs to be sure both parties can pay should they lose. The bank MUST pay the winner, if the loser cant pay, the bank covers. So far this hasn't been an issue.

In truth for derivatives to go wrong in a really big way, something really big would be required where people ON MASS were unable to cover their losses. Something like a War or a World Wide Pandemic..

As long as neither of those happen DB will be fine.

Oh.... Shit....


I have been looking for a post pandemic article on DB related to derivative exposure, but so far not found any. Perhaps it no coincidence that DB is now heavily supporting Crypto, stating it will replace Fiat currencies by 2025. That could only really happen if traditional currencies collapsed.

[fromtheuk]

The derivatives risk is a complex one, and i know the 49 trillion is a big big number, but its nots quite as big as its seems, or at least wasn't until now. That report is a few months old now, and the work the CEO has done may have reduced it a bit..

In essence a derivative is a two way bet. Party A thinks something is going to happen, and Party B believes the opposite. The bank operates as the casino, and takes the bet from both parties ( plus a small percentage ). The bank doesn't care which way it goes, it gets the commission either way. It pays the winner, and collects from the looser.

The bank has to make sure of a couple of things

1) it doesn’t over leverage in either direction. This can never be perfect, and it also makes it hard to wind down exposure, as each deal offsets another..

2) it needs to be sure both parties can pay should they lose. The bank MUST pay the winner, if the loser cant pay, the bank covers. So far this hasn't been an issue.

In truth for derivatives to go wrong in a really big way, something really big would be required where people ON MASS were unable to cover their losses. Something like a War or a World Wide Pandemic..

As long as neither of those happen DB will be fine.

Oh.... Shit....

[tw0122]

https://www.globalresearch.ca/bank-49-trillion-dollars-exposure-derivatives-melting-down/5684294

[Taurus69]

$db $6.52

[Taurus69]

$db $5.90

[ernie44]

yeah, nobody works anymore, just gets paid for showing up

[Nebuchadnezzar]

Europe is screwed in so many ways

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154763335

Euro and Eurozone is collapsing

DB is a no touch

[Taurus69]

$db $6.02

[Nebuchadnezzar]

DB and Eurozone are in big trouble

[1vman]

*****Is that with new news or without ??? 4 buckaroos coming IMO

[Taurus69]

$5.96

[ernie44]

ITS DEUTSCHE you non-believer

[Taurus69]

$db $6.47

[Taurus69]

$db $5.56

[fromtheuk]

What could possibly go wrong..

https://www.bloomberg.com/news/articles/2020-03-18/germany-to-let-banks-tap-capital-buffer-to-weather-virus-fallout

Capital Buffers introduced to stabilise the Banking system after the Crisis abandoned to zero. Allowing dangerous lending practices to boost the system in the short term.

If we survive this pandemic, the Banks wont.. Greed will kill them...

[Taurus69]

$db $5.79

[fromtheuk]

$4.99 the low yesterday. Seem to be recovering

[mdimport]

$DB will likely trade a $4-handle this week. With the announcement by Merkel that up to 58M Germans will contract the coronavirus along with Trump's travel ban, it's going to weigh heavily on German industrial output and overall Germany economic activity. All factors which will damage $DB further in the weeks and months ahead.

https://www.reuters.com/article/us-health-coronavirus-germany-idUSKBN2110LS

https://www.bbc.com/news/world-us-canada-51835856

[fromtheuk]

Agreed, and have been for years. A horrible kludge to prevent the south from defaulting and frothing up the north to such an unhealthy degree. The EURO is a failed political globalist project ( it was never a currency ) .

It really doesn't matter what they do now... they are doomed.

Nation States will arise again.

[mdimport]

This is the key. Demand for currency is very high right now, so central banks should be raising rates not lowering them.

This is why the market is crashing. Interest rates are too low.

An ECB Bailout is almost certain, QE and interest rate drops all on the cards. The exact opposite of whats required.

[fromtheuk]

Yes, and its looking like the time is very close. You are already seeing individual countries ignoring european law over freedom of movement and financial support.

Greece threw out the european asylum laws and started shipping people back by force ( firing at the rubber boats with live rounds)

Borders closed , and movement curtailed for sensible reasons, but no EU wide strategy.

The US closes down all movement for those in central Europe, but others can still trade at an advantage over the rest.

An ECB Bailout is almost certain, QE and interest rate drops all on the cards. The exact opposite of whats required.

Its going to get ugly

[mdimport]

EU is going to collapse at some point. $DB needs help (bailout) from the German Government.

[fromtheuk]

$5.68 and falling. At some point it will need government support, but I just can’t see that happening. Europe is in trouble.

[56Chevy]

Agreed..not good. Nervous times.

Marker:
Deutsche Bank Aktien (DB)
6.745 down -0.215 (-3.09%)
Volume: 8,121,395

[fromtheuk]

$6.6 mark a new low for DB

I know the market is tanking, but DB is outperforming its way to the bottom.

In this environment I could easily see $3_$4 before a systemic break in the company.

[nowwhat2]

Hey so like wasn't this guy reassuring us all just last week ?....

President Trumps' Chief Economic Adviser












http://ih.advfn.com/stock-market/NYSE/wells-fargo-WFC/stock-news/81941339/wells-fargo-chairman-elizabeth-duke-resigns












Captains of Industry !..........






Captain !.....Oh Captain !

Loath to Cut Rates, the ECB May Focus On Shoring Up Banks

Last Friday (before this mornings what, 8 percent? plunge)

[nowwhat2]

5 weeks ago


























Don't know WHAT that's trying to tell us.....I just find it weird.

[Taurus69]

$db $7.59