das Wichtigste hat AL offenbar verschluckt:dass die DB massiv getroffen wird,wenn Griechenland nicht gerettet wird -und welche Folgen das haben kann,da darf man gar nicht dran denken.War ja schon sehr merkwürdig die Rochade vor Kurzem
.....June 5: Greece misses it’s payment to the IMF. The risk of default across all of it’s debt is now considered acute. This has massive implications for Deutsche Bank.
June 6/7: (A Saturday/Sunday, and immediately following Greece’s missed payment to the IMF) Deutsche Bank’s two CEO’s announce their surprise departure from the company. (Just one month after Jain is given his new expanded powers). Anshu Jain will step down first at the end of June. Jürgen Fitschen will step down next May.
June 9: S&P lowers the rating of Deutsche Bank to BBB+ Just three notches above “junk”. (Incidentally, BBB+ is even lower than Lehman’s downgrade – which preceded it’s collapse by just 3 months)
And that’s where we are now. How bad is it?How exposed is Deutsche Bank?
The trouble for Deutsche Bank is that it’s conventional retail banking operations are not a significant profit center. To maintain margins, Deutsche Bank has been forced into riskier asset classes than it’s peers.
Deutsche Bank is sitting on more than $75 Trillion in derivatives bets — an amount that is twenty times greater than German GDP. Their derivatives exposure dwarfs even JP Morgan’s exposure – by a staggering $5 trillion.
With that kind of exposure, relatively small moves can precipitate catastrophic losses. Again, we must note that Greece just missed it’s payment to the IMF – and further defaults are most certainly not beyond the realm of possibility.
notquant.com/is-deutsche-bank-the-next-lehman/
sehr hartnäckiger Link!
Die Deutsche Bank haelt 75 Billionen = 75 000 000 000 000 Wetten - das 20fache des deutschen BIP und damit sind sie sicher gut in GR eingestiegen. Wenn das hochgeht, dann ist der Rhein ausgetrocknet!