Could Deutsche Bank's £36 TRILLION in risky derivatives lead to Lehman-style collapse?

Could Deutsche Bank's £36 TRILLION in risky derivatives lead to Lehman-style collapse?
 

According to reports, the bank whose share price has plummeted by almost half in just a year, is sitting on a massive trove of questionable products worth 10 times more than the entire German GDP.
And Germany's largest lender appears to be teetering on the verge of oblivion with chilling similarities to the position of global financial services firm Lehman Brothers whose 2008 collapse triggered the credit crunch and global financial meltdown, it has been claimed.
The bank's 2015 annual report reveals Deutsche Bank is exposed to €41.940 trillion or £36 trillion of "derivatives"... read more

 
6 October 2016 in World News, Views: 52
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