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Deutsche Bank investigated, trouble ahead!
MR2
Registered User
User ID: 507166
07-11-2019 03:17 AM

Posts: 2,002



Post: #1
Deutsche Bank investigated, trouble ahead!
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OK..for the last few days I've been posting on different threads about Deutsche Bank being in trouble, reducing their workforce by 1800 mostly in the U.S, Asia and Australia, How they are transferring billions of dollars of bad equity into another holding to write it off over the next few years, how their profits were the lowest of any major banks and that is discounting what they owe to other banks, How they have paid billions in fines for bad deceptive practices, how they have 41 trillion exposure to the derivative market..... Well, it looks like they are under investigation again.




BREAKING: Deutsche Bank investigated, trouble ahead!:






This is the 6th largest bank in the world...in serious trouble.


Popcorn

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SkeptiSchism
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User ID: 450243
07-11-2019 03:20 AM

Posts: 8,921



Post: #2
RE: Deutsche Bank investigated, trouble ahead!
They are like a leaking ship taking on water. They haven't gone down and remain topside but eventually they will sink.

It’s easier to fool people than to convince them that they have been fooled.
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MR2
Registered User
User ID: 507166
07-11-2019 03:23 AM

Posts: 2,002



Post: #3
RE: Deutsche Bank investigated, trouble ahead!
U.S. Investigating Deutsche Bank’s Dealings With Malaysian Fund:
Justice Department looking into whether German bank violated foreign corruption or anti-money-laundering laws

The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate another major global financial institution: Deutsche Bank AG.

https://www.wsj.com/articles/u-s-investi...1562798907

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MR2
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User ID: 507166
07-11-2019 03:27 AM

Posts: 2,002



Post: #4
RE: Deutsche Bank investigated, trouble ahead!
Federal prosecutors are investigating Deutsche Bank’s role in a scheme that looted a Malaysian government fund, drawing the troubled German bank into a scandal that has already ensnared an American competitor, Goldman Sachs.

Deutsche Bank released a statement on Wednesday saying it had cooperated fully with all inquiries related to the fund, 1Malaysia Development Berhad, or 1MDB.

According to a person with knowledge of the matter who was not authorized to speak publicly, the inquiry is focused on a former Deutsche Bank employee who worked with Tim Leissner, a former Goldman partner who pleaded guilty to bribery and money-laundering charges. Those charges stem from Mr. Leissner’s role in funneling money out of 1MDB, a state infrastructure fund that Malaysia’s former prime minister and some of his associates raided for personal use.

https://www.nytimes.com/2019/07/10/busin...aysia.html

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MR2
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User ID: 507166
07-11-2019 03:33 AM

Posts: 2,002



Post: #5
RE: Deutsche Bank investigated, trouble ahead!
The Financial Times reported that the bank has spent more than €52 million on payouts to departing senior staff since May 2018. The FT said that is almost equal to the whole management board.

Gerhard Schick, head of lobby group Finance Watch Germany called the payments "inappropriate."

"Golden parachutes for failed managers while thousands of employees are losing their jobs just do not match," Schick told the Financial Times.

South African born Garth Ritchie, who was paid over €8.6 million (R140 million) a year for his job as global head of investment banking at Deutsche Bank, was reportedly one of the execs who will receive a large severance package of €11.2 million, Bloomberg reported. He left the company on Friday by "mutual consent", according to Deutsche.

https://www.businessinsider.co.za/deutsc...ecs-2019-7



It would be nice to get a huge payout for being sh*t at your job.

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LoP Guest
lop guest
User ID: 505688
07-11-2019 03:33 AM

 



Post: #6
RE: Deutsche Bank investigated, trouble ahead!
Uh Uh! The whole DB layoff news the other day triggered a certain LOP member into a major meltdown ... this will only make things worse.
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MR2
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User ID: 507166
07-11-2019 03:43 AM

Posts: 2,002



Post: #7
RE: Deutsche Bank investigated, trouble ahead!
LoP Guest  Wrote: (07-11-2019 03:33 AM)
Uh Uh! The whole DB layoff news the other day triggered a certain LOP member into a major meltdown ... this will only make things worse.

I've only been back here for a few days after 8 months away...but hey, Deutsche Bank was involve with Trump, Epstein, and some of the most shady sh*t on the planet...and they may be going down.

Watch for more rate cuts and more QE... Republicans and the Tea party used to hate that sh*t... right up until Trump..and now for some reason the destruction of the middle class and the bailing out of banks with socialist tactics is just A OK.


Strange how that works.

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LoP Guest
lop guest
User ID: 506830
07-11-2019 03:45 AM

 



Post: #8
RE: Deutsche Bank investigated, trouble ahead!
Harold and the other guy have problems.
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LoP Guest
lop guest
User ID: 375078
07-11-2019 03:50 AM

 



Post: #9
RE: Deutsche Bank investigated, trouble ahead!
Got to have a fall guy

chuckle
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LoP Guest
lop guest
User ID: 495379
07-11-2019 03:52 AM

 



Post: #10
RE: Deutsche Bank investigated, trouble ahead!
Something sure is rotten in denmark that's sure!
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MR2
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User ID: 507166
07-11-2019 05:37 AM

Posts: 2,002



Post: #11
RE: Deutsche Bank investigated, trouble ahead!



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MR2
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User ID: 507166
07-11-2019 05:45 AM

Posts: 2,002



Post: #12
RE: Deutsche Bank investigated, trouble ahead!




Post Market Wrap Up: Run! Don't Walk, Away From The US Dollar. By Gregory Mannarino

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SkeptiSchism
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User ID: 450243
07-11-2019 05:47 AM

Posts: 8,921



Post: #13
RE: Deutsche Bank investigated, trouble ahead!
LoP Guest  Wrote: (07-11-2019 03:50 AM)
Got to have a fall guy

chuckle

Yah, they created a 'bad bank'. What a joke, they are the bad bank.

chuckle

It’s easier to fool people than to convince them that they have been fooled.
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MR2
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User ID: 507166
07-11-2019 05:47 AM

Posts: 2,002



Post: #14
RE: Deutsche Bank investigated, trouble ahead!
Deutsche Bank’s collapse 'inevitable'




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MR2
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User ID: 507166
07-11-2019 05:53 AM

Posts: 2,002



Post: #15
RE: Deutsche Bank investigated, trouble ahead!




Britain's bailed out Deutsche Bank nearly 1/3 of a trillion... obviously that wasn't enough.

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