Why 'radioactive' Deutsche Bank could go nuclear at any time, experts warn

Why 'radioactive' Deutsche Bank could go nuclear at any time, experts warn
 

Germany's biggest bank reportedly has a $45 TRILLION (£34trn) portfolio of underlying assets that its clients are taking a position in - which equates to more than 10 times Germany's entire GDP. 
And the problem is that no one really knows what's makes up Deutsche's book of exposure and so-called derivatives book because it's so opaque and complicated, according to Michael Hewson, chief market analyst at CMC Markets UK.
He told Express.co.uk: "Deutsche has the biggest derivatives book in the world, and people will say that its hedged to a greater or lesser extent, but it's the... read more

 
28 September 2016 in Business, Views: 65
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