Friday, March 24, 2023

Somebody said

 


Deutche bank would be involved in this shortly.


Dow is flat Friday as investors try to shake off latest bank sector concern: Live updates


Deutsche Bank’s U.S.-listed shares slid 3.1% Friday, rebounding from a 7% drop earlier in the trading session. A selloff of shares was triggered after the the German lender’s credit default swaps jumped, but without an apparent catalyst. The move appeared to raise concerns once again over the health of the European banking industry."


The Silicon Valley Bank problem brought more attention on banks,” Larry McDonald, founder of the Bear Traps Report, said Friday on CNBC’s “Squawk Box.” “And so, banks like Credit Suisse and Deutsche Bank that have been horribly, horribly managed for decades — and we’re talking about really poor management and horrible decisions — all of a sudden, investors around the planet, focus on that.”

(Like I am an investor :-) 

And?

Why were they not 'focus on that' before now?)





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