Submitted by GoldCore on 10/08/2015 - 06:54
China Deutsche Bank ETC Eurozone Federal Reserve Germany Lehman Middle East Reuters Sovereign Debt Switzerland Transparency
Like other banks, Deutsche has been caught up in the Libor-rigging scandal, and faces another investigation in Switzerland for suspected price-fixing in the precious metal market.Gillian Tett, ourselves and many others have warned that Deutsche and its massive derivative book has the potential to be a ”European Lehman Brothers”. Is Deutsche Bank, the largest holder of Warren Buffett’s “financial weapons of mass destruction” derivatives in trouble?