Last week the International Momentary Fund signaled out Deutsche Bank as the most dangerous bank in the world. In banking danger stems from business, size and linkage. All three are a problem for the firm, the German and the European economy.
Too big to fail
First of all, it is too big to fail. In February the executive Director of the Bank, John Cryan, was assuring Bank employees that the bank is “rock solid” and the German Finance Minister, Schaeuble, was saying that “I have no concerns ...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|