Deutsche Bank Insolvent

Max keiser hit out against deutsche bank in the latest episode of his rt program keiser report saying the bank was technically insolvent despite assurances from german finance minister wolfgang schaeuble that he had no concerns over his country s biggest bank.

Deutsche bank insolvent. Deutsche bank swung to a loss in the first quarter and the outlook for the full year darkened underlining the impact of a costly overhaul and pressure on revenue as the coronavirus crisis. There s doubt as to what some of the otc derivatives are actually worth. One of them claimed that if deutsche had marked its books it might have been in the same position as lehman which translates to deutsche bank could have been forced into insolvency. This is why deutsche bank s book value is more than their market cap even before covid 19.

We d suggest that it probably is but we have no dog in the fight having never either owned banks or shorted them. Is deutsche bank technically insolvent. He says deutsche bank probably goes to zero despite its current market capitalization of us 17 billion. In the years leading up to the banking crash deutsche bank is a leader in mortgage backed securities bundling up homeowners debt into huge packages and selling them on to investors.

And like everybody else we assume that some kind of fix will soon be in probably one that will further vindicate exposure to gold both as money substitute and currency substitute. Previous late summer holidays by this correspondent coincided with the run on northern rock and subsequently with the failure of lehman brothers. Berlin two weeks after the spectacular crash of the german fintech giant wirecard deutsche bank said thursday that it was open to provide emergency financing to help keep the company. They have a book value of 62b with derivatives supposedly valued at 333b meaning if the actual net value of these derivatives are 19 or more lower than what they say they are they become insolvent.

Deutsche bank needs to convince the market that after half a dozen failed efficiency drives this is the one that is going to deliver the goods and playing scrooge with the pensioners is an.