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Thursday, March 28, 2024

German Finance Minister Joins DB CEO, Says “Not Worried About Deutsche Bank”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

With Deutsche Bank credit risk exploding and stock price collapsing to record lows, despite the CEO’s “rock solid” affirmations, there is only one way to know just how real a crisis this is… when government officials issue ‘denials’.

German Finance Minister Wolfgang Schaeuble says he isn’t worried about Deutsche Bank.

“No, I have no concerns about Deutsche Bank,” Schaeuble says

Schaeuble comments to Bloomberg Television after press conference in Paris.

We suspect this is Schaeuble’s “Contained” moment as markets – the ultimate arbiter of truth – tell a very different story…



 

So when does Schaeuble get “concerned?”

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