Thursday, 7. July 2016

Deutsche Bank: World's most dangerous bank?


Deutsche Bank shares hit a new record low today. Its value has halved since the beginning of the year. So is it now the most dangerous bank in the world? According to the International Monetary Fund - yes. Last week, the IMF said that, of the banks big enough to bring the financial system crashing down, Deutsche Bank was the riskiest. Not only that, Deutsche Bank's US unit was one of only two of 33 big banks to fail tests of financial strength set by the US central bank earlier this year. It's not hard to get scared when you look at a few numbers. Bear with me.

bbc.co.uk

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