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Deutsche Bank Stock Crashes Near Single-Digits As CDS Spike To Record Highs

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  • Deutsche Bank Stock Crashes Near Single-Digits As CDS Spike To Record Highs
    by Tyler Durden, http://www.zerohedge.com  
    The “most systemically dangerous bank in the world” is in grave trouble. Despite exclamations that there is “no need for additional capital” and that “Deutsche Bank is no Lehman” investors are fleeing the bank’s assets en masse as professionals pile in to buy counterparty risk protection. With the only thing standing between bank runs and stability being the confidence of depositors, and knowing full well that everybody lies when it gets serious, one witty trader noted, “if it walks like Lehman, and talks like Lehman… it is Lehman.”

    Deutsche stock is collapsing…

    read more.
http://www.express.co.uk/finance/city/714848/Deutsche-collapse-could-bury-eurozone-warn-experts-as-shares-plunge-further

Click on image for article.

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September 28, 2016 - Posted by | Economics | , , , , , , ,

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