Deutsche Bank

[SwimmerGirl40]

Just been reading about this. Is it another Lehman’s in the making, are we heading for another credit crunch?

[Lumene]

No it’s the new CEO looking to take an ailing bank back to basics.

[OhEliza]

Not at all. It's a less than profitable bank, cost cutting. V sensible, and it's been coming for years.

[Alexalee]

Watch the film the big short. Deutsche were one of the main sellers of CDOs, they now have trillions of bad bets on their books. If it imploded it will take down the world economy, it will make 2008 look very minor. Sacking 18000 wont be anywhere near enough to save them

[AdoraBell]

What Alexlee said. This has been coming for years.

[Ivy40]

The Big Short is on Netflix, thanks and will watch it over the weekend.

[northernknickers]

Only recently closed my account with Deutsche Bank after moving back to the UK and transferring all my money. So glad I did.