16-07-2019, 05:02 PM
1
Deutsche bank starts to implode ...
Oh dear this doesn't look good ..https://www.zerohedge.com/news/2019-...-1-billion-day
16-07-2019, 05:25 PM
3
Re: Deutsche bank starts to implode ...
Originally Posted by shropshiregirl
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No it certainly doesn't! I read last week that mass staff redundancies are on the cards and hedge funds are pulling their money out in the trillions.Scary times.
A lot of that money is going into the Swiss banks.
16-07-2019, 05:33 PM
4
Re: Deutsche bank starts to implode ...
As a lender to Trump, despite a series of corporate bankruptcies and defaults starting in the early 1990s, Deutsche Bank has been subpoenaed by two congressional committees for documents as part of investigations into the US president and his company. Trump sued Deutsche Bank to stop the subpoenas, but*a judge ruled in May against the president.Trump reacts angrily to New York Times report on Deutsche Bank transactions.
The latest plan to relaunch the bank involves closing its equities sales and trading arm, which is essentially a giant stockbroking operation that buys and sells publicly listed shares on behalf of large hedge funds or asset managers. Most of the staff employed in that division are based in London, New York and Hong Kong.
16-07-2019, 06:44 PM
6
Re: Deutsche bank starts to implode ...
Originally Posted by Solasch
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As a lender to Trump, despite a series of corporate bankruptcies and defaults starting in the early 1990s, Deutsche Bank has been subpoenaed by two congressional committees for documents as part of investigations into the US president and his company. Trump sued Deutsche Bank to stop the subpoenas, but*a judge ruled in May against the president.Trump reacts angrily to New York Times report on Deutsche Bank transactions.
The latest plan to relaunch the bank involves closing its equities sales and trading arm, which is essentially a giant stockbroking operation that buys and sells publicly listed shares on behalf of large hedge funds or asset managers. Most of the staff employed in that division are based in London, New York and Hong Kong.
Bit like RBS then but on a bigger scale?
16-07-2019, 07:15 PM
7
Re: Deutsche bank starts to implode ...
Originally Posted by Bread
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A lot of that money is going into the Swiss banks.
Really?
How do you know?
The EU and Switzerland are in a spat, no trading EU Shares.
The closure of their Trading Arm in the UK is going to cost us tens of Millions.
16-07-2019, 09:07 PM
8
Re: Deutsche bank starts to implode ...
Originally Posted by swimfeeders
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HiReally?
How do you know?
The EU and Switzerland are in a spat, no trading EU Shares.
The closure of their Trading Arm in the UK is going to cost us tens of Millions.
People aren't stupid. The swiss banks are a safe haven.
I bank with UBS ha ha
If the EU kicks off all the swiss will do is release the bank details of the twats running the EU
17-07-2019, 09:24 AM
9
Re: Deutsche bank starts to implode ...
Originally Posted by Bread
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People aren't stupid. The swiss banks are a safe haven.I bank with UBS ha ha
If the EU kicks off all the swiss will do is release the bank details of the twats running the EU
If the Swiss Banks did that they would be finished.
In the middle of all your rejection of Project Fear, your own bank is one of those which has moved offices from the UK to the EU.
The UK loses the taxes, the Germans get them.
As a dedicated Brexiteer you should bring the account to a British Bank.
17-07-2019, 10:01 AM
10
Re: Deutsche bank starts to implode ...
Originally Posted by swimfeeders
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HiIf the Swiss Banks did that they would be finished.
In the middle of all your rejection of Project Fear, your own bank is one of those which has moved offices from the UK to the EU.
The UK loses the taxes, the Germans get them.
As a dedicated Brexiteer you should bring the account to a British Bank.
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