Like the Led Zeppelin song “Good times, Bad times,” German mega bank Deutsche Bank is trying to save itself by splitting into a good bank and a bad bank. Why is my former employee doing this? Deutsche Bank was a high-flyer back in May 2007 when it was trading at over $120 per share. It is … Continue reading Hackepeter! Deutsche Bank To Set Up €50 Billion ‘Bad Bank’ As Part Of Overhauls (Largely Long-dated Derivatives) →
The post Deutsche Bank To Set Up €50 Billion ‘Bad Bank’ was originally published at The Wall Street Examiner. Follow the money!