Deutsche Bank - a sh*t storm brewing
Register | Edit Profile | Subscriptions | Forum Rules | Log In | RSS Feed
.TUX.  28 Sep 16 1.07pm |
|
|---|---|
|
Originally posted by becky
May also make any financial institution that was contemplating moving operations to Germany post-Brexit think again too. That's if there are any left.
Buy Litecoin. |
|
 Alert a moderator to this post |
 |
 Stuk Top half 28 Sep 16 1.29pm |
  |
|---|---|
|
If they go down it'll take some of the Italian and Spanish with them most likely. Weirdly it doesn't improve the GBP to Euro exchange rate though.
Optimistic as ever |
|
| Alert a moderator to this post |
 |
Jimenez  SELHURSTPARKCHESTER,DA BRONX 28 Sep 16 1.31pm |
|
|---|---|
|
Originally posted by Kermit8
Pro USA & Israel |
|
| Alert a moderator to this post |
|
Attachment: | Jamesrichards8 28 Sep 16 1.32pm |
|
|---|---|
|
Aren't you all glad that I voted leave now
When you’re knocked on your back and your life’s a flop... |
|
| Alert a moderator to this post |
|
| DanH SW2 28 Sep 16 1.44pm |
|
|---|---|
|
Luckily I swapped all my euros for magic beans when I was in Paris last week.
|
|
| Alert a moderator to this post |
|
| jamiemartin721 Reading 28 Sep 16 1.57pm |
|
|---|---|
|
Of course whilst we have all voted to leave the EU, we are still tied to the EU until we activate article 50 and negotiate our exit.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
|
| Alert a moderator to this post |
|
| elgrande bedford 28 Sep 16 2.43pm |
|
|---|---|
|
Originally posted by jamiemartin721
Of course whilst we have all voted to leave the EU, we are still tied to the EU until we activate article 50 and negotiate our exit. Yes but not to the Euro, which if they go tits up will surely hurt.
always a Norwood boy, where ever I live. |
|
| Alert a moderator to this post |
|
| Islington Eagle North of the River 28 Sep 16 3.03pm |
|
|---|---|
|
You all seem to forget we all own RBS - which remains a state funded basket case we will never get our cashback on (DB going under will not help) as well as a fair chuck of Lloyds which as hard as George Osbourne tried he couldn't offload at anything like the price we bought it at.
Palace Fan |
|
| Alert a moderator to this post |
|
| Part Time James 28 Sep 16 3.10pm |
|
|---|---|
|
Originally posted by Islington Eagle
You all seem to forget we all own RBS - which remains a state funded basket case we will never get our cashback on (DB going under will not help) as well as a fair chuck of Lloyds which as hard as George Osbourne tried he couldn't offload at anything like the price we bought it at. Actually, all of the shares the "country" has sold back to Lloyds have technically been at a profit if you look only at a pence per share calculation. The only thing to have offset the profit the "country/public/economy" has made from the Lloyds shares are as a result of quantitative easing.
|
|
| Alert a moderator to this post |
|
 Cucking Funt Clapham on the Back 28 Sep 16 3.27pm |
|
|---|---|
|
Originally posted by Islington Eagle
You all seem to forget we all own RBS - which remains a state funded basket case we will never get our cashback on (DB going under will not help) as well as a fair chuck of Lloyds which as hard as George Osbourne tried he couldn't offload at anything like the price we bought it at. Lloyd's and RBS are now essentially sound - there are no more skeletons in their closets, the bad debt is largely mitigated, their investment arms are ring fenced and both performed satisfactorily in recent stress-tests. Lessons have been learned and the UK taxpayer will eventually recoup its money. DB, on the other hand, is fast becoming an unsalvageable basket case. It still has vast sums tied up in some very complex derivative instruments which have yet to unravel. It is also looking at a $14bn fine from the US regulators and did badly in recent stress-tests. The share price has been hammered over the last year and confidence is evaporating. The UK has gone to great lengths to straighten out the banking sector, unlike Germany which has permitted one of the key institutions in the EU to employ an insane risk strategy and has, frankly, learned absolutely nothing from the events of 2008. The UK wisely chose not to join the Euro and has now voted to leave a political union that has backed itself into a corner and has ineptly and recklessly risked the economic structure across its membership. But that's Remainers for you. Can't see further than the end of their own noses.
|
|
| Alert a moderator to this post |
|
| Andy_G Wimbledon 28 Sep 16 3.41pm |
|
|---|---|
|
No way the German Government won't bail out it's leading bank, whether or not it causes shock waves in the Euro. Letting your No. 1 bank go to the wall would create a hell of a mess.
The ups and downs of Palace have left me older than my years |
|
| Alert a moderator to this post |
|
| Cucking Funt Clapham on the Back 28 Sep 16 3.59pm |
|
|---|---|
|
Originally posted by Andy_G
No way the German Government won't bail out it's leading bank, whether or not it causes shock waves in the Euro. Letting your No. 1 bank go to the wall would create a hell of a mess. The thing is, Merkel's already said that they won't. Either way, looks like she's finished.
|
|
| Alert a moderator to this post |
|
Login / Register
All images and text on this site are copyright © 1999-2023 The Holmesdale Online, unless otherwise stated.
Web Design by Guntrisoft Ltd.