Breaking News         Latest US News              New York News              Fx Tribune

Kumari Fulbright Empowers Women to Become Independent
Historical depression: A share of Deutsche Bank only costs just over nine euros. The trigger was apparently the downgrading of the bank in the US as a problem bank.

Dax: Deutsche Bank share loses strong value

Historical depression: A share of Deutsche Bank only costs just over nine euros. The trigger was apparently the downgrading of the bank in the US as a problem bank.

Dax: Deutsche Bank share loses strong value

Deutsche Bank shares have fallen to a historic low. At end of market in Frankfurt am Main, it recorded a 7.15 percent minus and was 9.07 euros. Also on Wall Street in USA, valuation of papers premarket more than five percent.

The Wall Street Journal had previously reported that situation of Deutsche Bank subsidiary had already been assessed as precarious by Federal Reserve about a year ago. The Fed had attested to institute a "problem-tainted state" at time – this was not publicly known until now.

According to newspaper, downgrading by Fed influenced Deutsche Bank in its decision to return to its risk-prone activities in United States. As a result, Federal Reserve's assessment had, in particular, resulted in fact that since n Deutsche Bank subsidiary has to have its positions held by Fed to be approved by senior managers.

The Financial Times, citing informed circles, U.S. deposit protection FDIC had put U.S. subsidiary of Bank in first quarter on a list of problem banks. Normally, Fed's estimates are not published.

Deutsche Bank did not comment on principle of "specific regulatory feedback". As a group, however, one is "very well capitalized" and has "substantial liquidity reserves". The US subsidiary also had a "very robust record." The weaknesses in US business are being worked on.

Deutsche Bank has been in crisis for years. The new chairman of board, Christian Sewing, announced last week to dismantle 7,000 jobs and reduce area of investment banking. His predecessor John Cryan had initiated austerity 2015.

Breaking News Headlines

banner30
The Keys To Winning A Personal Injury Case
The Keys To Winning A Personal Injury Case
Bitcoin/Blockchain Technology Pushed For Utilization As Sports Betting Legalization Looms
Bitcoin/Blockchain Technology Pushed For Utilization As Sports Betting Legalization Looms
Hate Groups are real and continue to Grow
Hate Groups are real and continue to Grow
Do You Need Public Liability Insurance As Tradesmen?
Do You Need Public Liability Insurance As Tradesmen?
Evidence Used in Health Care Fraud Cases
Evidence Used in Health Care Fraud Cases
Credit card signatures are becoming obsolete – An Overview
Credit card signatures are becoming obsolete – An Overview
Downtime and dollars: the true cost of a DDoS attack
Downtime and dollars: the true cost of a DDoS attack
Settle only for the Best Essay Writing Service!
Settle only for the Best Essay Writing Service!
Bounce Rate Metric – An Important Indicative of Website Performance
Bounce Rate Metric – An Important Indicative of Website Performance
In Over Your Head? There is Help at Hand
In Over Your Head? There is Help at Hand
What is Whiteboard Animation and How Can It Benefit Your Company?
What is Whiteboard Animation and How Can It Benefit Your Company?
How a typical smartphone can control your children
How a typical smartphone can control your children
POLLS Results ALL
Who is the most powerful actor in Syria

banner31
Front Pages
  • The Sun
NEWS ARCHIVES