Is Deutsche Bank going down and what does this mean for the European banking system? September 20, 2020

[sharon sanders]

Deutsche’s problems were so striking they prompted Bank of America to file a confidential alert known as a suspicious activity report, or SAR, to the US government. Bank of America employees had visited Deutsche’s London office to discuss worries about Russian money laundering. They were stonewalled when a Deutsche manager interrupted their meeting and asked them to leave the building. Bank of America found the situation troubling enough that it raised the matter with Achleitner, according to its filing.

Another top Deutsche executive, Christian Sewing, ran the audit division when one of its teams gave the Moscow office a clean bill of health, despite evidence that it could not even produce a list of its clients, let alone verify that they were who they said they were. Sewing is now Deutsche’s CEO.

https://www.buzzfeednews.com/article/tomwarren/deutsche-bank-money-laundering-mirror-trades

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When Deutsche Bank Collapse will happen , at least in the same way that Lehman failed, then every other financial institution will face the same questions and economic collapse will hit the world.

https://hksar.org/5-signs-of-deutsc...ire EU to implode.&text=Deutsche Bank is dead.

 

[sharon sanders]

At the time there was speculation that major cash positive banks did not want to lend into the over night markets because a large bank was in default. Possibly Deutsche Bank. Now it appears it was not a Deutsche Bank default but possibly their current operating methods.


"In September 2019 JPMorgan reportedly (link) stopped participating in the repo markets by supplying cash in order to buy back stock, pay dividends, and reallocate portfolio to buy long term debt (at historically low rates). Why?"

https://flutrackers.com/forum/forum...cuse-since-september-2019?p=819795#post819795