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Deutschebank

Discussion in 'General Property Chat' started by euro73, 2nd Oct, 2016.

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  1. euro73

    euro73 Well-Known Member Business Member

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  2. Indifference

    Indifference Well-Known Member

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    No & No....

    Allowing it to fail would be economic, political & social suicide... It would put immense pressure on EU cohesion hence a lot of pressure would currently be on the Bundestag to ensure it doesn't happen.

    I believe something else will be the trigger for the next credit crunch....
     
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  3. Kangabanga

    Kangabanga Well-Known Member

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    its already almost a non event, apparently they are close to negotiating the fines down from 14billion to 5.4b+
    Deutsche Bank Jumps on Report of $5.4 Billion DOJ Settlement

    But now more fines may be incoming
    Deutsche Bank Charged Over Paschi Accounts as Legal Hits Mount

    What will happen is there will probably be some slimming down and consolidation in the German banking sector.

    Commerzbank Scraps Dividends Through 2019 as CEO Slashes Jobs

    My bet on next credit crunch will be China after its central bank runs out of ammunition and things fall apart.
     
    Last edited: 2nd Oct, 2016
  4. JDP1

    JDP1 Well-Known Member

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    Nothing to worry about..they will negotiate a settlement on the fine.
    And even if they can't find a settlement, the German govt will step in to rescue them.
     
  5. Ted Varrick

    Ted Varrick Well-Known Member

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    Open a savings account with them a drop in 20 - 50k.

    If nothing else, this will give you some focus.
     
  6. Shawn

    Shawn Well-Known Member

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    The U.S regulator would not want them to go belly up as that would have impacts on the world economy, including USA.

    Therefore I think a middle ground will be reached ~$1-2bn, which will be manageable for DB.
     
  7. RPI

    RPI Property Lawyer, Town Planner Business Member

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    I was at a luncheon with some economists on Friday who were discussing this. Their view was that it would be resolved through government intervention
     
  8. Kangabanga

    Kangabanga Well-Known Member

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  9. Skilled_Migrant

    Skilled_Migrant Well-Known Member

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  10. Kangabanga

    Kangabanga Well-Known Member

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  11. datto

    datto Well-Known Member

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    Cronulla winning the grand final?
     
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  12. sanj

    sanj Well-Known Member

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  13. euro73

    euro73 Well-Known Member Business Member

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