Deutsche Bank’s potential $14bn penalty in 10 simple charts - News Summed Up

Deutsche Bank’s potential $14bn penalty in 10 simple charts


It is the same, almost, as Deutsche Bank’s value on the stock market of about €16bn ($17.8bn). The bank’s assets are valued at €1.6tn ($1.8tn), or half a year’s output for the entire German economy. Germany has lots of banks, with more branches per person than comparable economies; on the high street, Deutsche Bank is one among many. Potential investors may also be put off by Deutsche Bank’s unusually large engagement with over-the-counter derivatives – complicated financial products such as futures contracts which banks sell to one another off the open market. What can Deutsche Bank sell?


Source: The Guardian October 12, 2016 11:22 UTC



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