Deutsche Bank AG (DB)

[fromtheuk]

I think DB will default eventually, but it’s not certain. I would put it much higher than 16%

Other destinations could be in store for DB... assuming no default

1) Bailout - desperately needed. Probably won’t happen
2) Slow death spiral to eventually wind down in a controlled manner. 2-3 years +
3) Merger with another bank ( like Commerzbank ) which won’t fix anything.
4) Asset strip where what little is worth keeping is sold to another bank.

Personally I would go for Option 2, which seems to be the plan. Downsizing / less costs, less revenues every quarter. Until only the core is left. That can be sold..