/biz/ - Business & Finance

Why do people go autistic over this? DB stock has already lost over 95% of its value. 5% more is nothing. People have expected this for a decade.

>>16704165
Has almost nothing to do with the price of DB's stock, what are you taking about?

>>16704165
Deutsche is the counterparty for trillions upon trillions in toxic debt left over from the GFC that was never allowed to be properly deleveraged. They are trying to get rid of that debt by packaging it up into capital release units (CRUs) but can't get rid of it quickly enough, and can't lay off its employees quickly enough because of employment laws / severance / etc. WeWork has the same problem

>>16704215
Talking out of your ass or do you have links to your claims?

>>16704100
great channel op, thanks, much better than the usual doomers reading zerohedge articles

>>16704380
This is all well-known information anon.
https://www.reuters.com/article/us-deutsche-bank-restructuring/deutsche-bank-sells-50-billion-in-assets-to-goldman-amid-overhaul-sources-idUSKBN1Y11EL

>>16704468
I don't believe they have over 1 trillion in toxic debt. They have also been derisking. As much I want to see a recession to buy a cheaper house, DB won't be the catalyst

>>16704518
>I don't believe ...
Okay that's cool what you "believe" and all. But the videos in OP's post present hard facts not beliefs. Maybe you should try watching them first. And maybe you should try starting with facts rather than what you "believe" devoid of any facts.

DB's annual reports, as with any publicly traded company, are public: https://www.db.com/ir/en/annual-reports.htm

>WSJ: Understanding Deutsche Bank’s $47 Trillion Derivatives Book
https://www.wsj.com/articles/does-deutsche-bank-have-a-47-trillion-derivatives-problem-1475689629

>Financial Times: Deutsche Bank derivative dumbness
https://ftalphaville.ft.com/2019/07/08/1562575972000/Deutsche-Bank-derivative-dumbness/
>Deutsche Bank's notional derivative exposure, which as of Dec 31 2018, according to the bank's annual report, stood at a terrifying €43.5tn.

>>16704518
>They have also been derisking
That is part of the problem ironically. In order to "derisk" they have to package up toxic assets into a "bad bank" (their term) or capital release unit that contains not only the toxic assets but also GOOD money-making assets. DB loses massive amounts of money by derisking. They were able to sell off a tiny chunk of their total exposure back in July, and it cost them fucking billions in downwind revenue losses. Pic related.

Just think about this logically. Who the fuck would want to buy assets that are known to be toxic money-losing time bombs? Nobody. Not unless they sweeten the deal by including enough good assets so that the overall package is revenue-positive, or at least neutral. The counterparty knows the risk, which is why DB is forced to sell the unit at a deep discount, so that the counterparty has justification for taking it onto its books, because then they stand a chance of making money on it down the line.

Did you even read the article I linked?
>Goldman purchased the debt at a deep discount and believes it can make a modest profit on the deal, according to a fourth person familiar with the matter. The book likely includes derivatives, as well as emerging-market debt, the person added.

>>16704100
Please kindly DELET THIS FUCKING THREAD RIGHT NOW

>>16704902

>>16704902
T. merkel
post tits

>>16704956

>>16704978
oh yes, classical germanic beuty

>>16704902
D-DELET
https://twitter.com/deutschebank/status/1191748010440564736

>>16704997
I wonder if that was intentional sabotage by a disgruntled employee who knows she's about to get axed

>>16705225
nah just typical gerry autism

Time to short the euro.

>>16705330
dawg what is going on here

>>16705373
https://www.bbc.co.uk/news/uk-scotland-highlands-islands-44898115
This my m8

>>16704165
Retard. Just because of lost 95% of it's value does not mean it can't loose 95% again

>>16706258
It's been losing like 25-30% every single year for over a decade... imagine bagholding that

>>16705383
Huh, didn't know that was a Scottish breed

>>16707287

>>16704380
imagine having the entire fucking world at your fingertips and having no fucking clue how to do even a simple google search

>>16707771
How are there any buyers of this? Just short-term swing traders? Is there some kind of dividend? Anyone buying would have to hold on to some kind of ridiculous hope that their "restructuring" efforts are going to somehow cause a miraculous turnaround

>>16708291
arent the buybacks on an all time record?

>>16704100
BUMP

>>16704215
>can't get rid of it quickly enough
Central banks can give them loans so they can have the time to.

>>16704100
Based Gammonposter. #1 channel on youtube for finance insight. But how do we profit off DB failing? Will this cause a domino effect in north America as well?
>>16705330
imagine the smell.