I am reading another source that DB is advising the German government that the 4th quarter is going to be in the red by $6bn (mostly one off restructuring) If that’s true, they will need injections by the government ( which they will get ). So not bankruptcy but interesting.
$4bn lost this year so far, not sure if the $6bn is total or additional.
They are selling the family silver, so earning profits post restructuring will be near impossible. I see this as 100% risk reduction / downsizing to a safe default in a few years. If successful, no world crisis..
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