Courtesy of Mish.
Deutsche Bank shares have collapsed to lows deep under crisis lows and collapse of Lehman in the Great Financial Crisis. What’s going on?
An investigation of Deutsche Bank’s “Passion to Perform” balance sheet provides the clues.
The above clip from Deutsche Bank’s First Quarter 2016 Statement.
Details in red from page 61 (PDF page 63) of the 126 page report.
Key Liabilities
- €559 billion deposits
- €562 billion negative derivatives
- €151 billion long term debt
World’s Most Systemically Dangerous Bank
Zero Hedge commented on the World’s Most Systemically Dangerous Bank.