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Original poster

Deutsche Bank

6 replies

SwimmerGirl40 · 08/07/2019 23:31

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

OP posts:

Lumene · 08/07/2019 23:32

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

OhEliza · 08/07/2019 23:34

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

Alexalee · 11/07/2019 10:17

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 · 14/07/2019 20:48

What Alexlee said. This has been coming for years.

Ivy40 · 16/07/2019 22:15

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

northernknickers · 26/07/2019 18:09

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

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