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"So should things turn bad, it is virtually certain that Germany's taxpayers will once again be on the hook for the most important bank bailout in European history"
"So should things turn bad, it is virtually certain that Germany's taxpayers will once again be on the hook for the most important bank bailout in European history"
in the summer of 2016, just month before fears about the viability of DB sent its stock careening lower, the IMF found that DB is the bank that poses the greatest risk to the global financial system
Here is the IMF's chart showing the key linkages of the world's riskiest bank:
Here is the IMF's chart showing the key linkages of the world's riskiest bank:
"But the biggest irony of all, is that DB may actually have a chance of survival, if the ECB were to ever hike rates. As it stands now, however, with the ECB set to cut rates in the near future and possibly resume QE, the Frankfurt banking giant is as good as nationalized
The question is: are sure? How much is the ECB "set" to cut rates (and possibly resume QE) with Germany into the EZ?
