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Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day

Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day

In any case, now that RenTec is long gone, and questions about the viability of Deutsche Bank are swirling - yes, it won't be insolvent overnight, but like the world's biggest melting ice cube, there is simply no equity value there any more - everyone else has decided to cut their counterparty risk with the bank with the €45 trillion in derivatives, and according to...
July 17, 2019 0 Comments
Wall Street firms see increased chance that Trump takes action to weaken the dollar

Wall Street firms see increased chance that Trump takes action to weaken the dollar

Speculation is rising that the U.S. could carry out an operation to sell dollars and buy other currencies to keep the dollar from rising.
July 15, 2019 0 Comments