Posts tagged "PIIGS"
Is Dissolution Risk on Deutsche’s Radar?

Is Dissolution Risk on Deutsche’s Radar?

“European integration is the greatest peace project the world has ever known. Europe has rarely known 70 years of peace before. The common market, and the common currency area, have created unprecedented prosperity for Europeans.” -Deutsche Bank co-CEO Anshu Jain, Wirtsschaftsrat Deutschland, June 12, 2012 Leaving aside the debatable claim that “the common currency area” has created “unprecedented prosperity” for Europeans, why is Mr. Jain positioning himself as a champion of European integration? One possible answer: dissolution risk. {read more}
12 Questions for Deutsche Bank in 2012

12 Questions for Deutsche Bank in 2012

On February 2, 2012, Deutsche Bank CEO Josef Ackermann will discuss the bank’s preliminary results for FY 2011. Ackermann will leave the bank in 2012—a year in which the World Bank projects a recession in the EU, an anemic recovery in the US, and reduced growth in emerging markets.  Against the backdrop of a projected global economic slowdown, and in preparation for Dr. Ackermann’s comments, we have posed 12 questions that may continue to haunt Deutsche Bank in 2012. {read more}
Deutsche Bank in Tangled PIIGS CDS Web

Deutsche Bank in Tangled PIIGS CDS Web

According to the Wall Street Journal, Deutsche Bank is at the center of a “tangled web” of sovereign Credit Default Swaps (CDSs) in Europe.  New data from the European Banking Authority (EBA) indicates that European banks have bought and sold €178 and €169 billion in sovereign CDS, respectively. {read more}
How did Deutsche Bank become a major casino company?

How did Deutsche Bank become a major casino company?

We have released the first DBRA report, which takes an in-depth look at Deutsche Bank’s $4.6-billion credit exposure to the Las Vegas gaming industry. The report, titled It Happened in Las Vegas: How Deutsche Bank Became a Major Las Vegas Company, focuses on the origins and consequences of the bank’s ownership of Station Casinos and the Cosmopolitan of Las Vegas. {read more}