Deutsche Bank to set up 50 billion euro bad bank

FRANKFURT - Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.

The measures are part of a significant restructuring of the investment bank, a major source of revenue for Germany’s largest lender, which has struggled to generate sustainable profits since the 2008 financial crisis. Deutsche said in an emailed statement in response to the FT report that it was “working on measures to accelerate its transformation so as to improve its sustainable profitability. We will update all stakeholders if and when required”.

Lehman Brothers II

Oh, what a wonderful immigrant economy. Doing so good.

Most of which are loans to DJT. 😂

They should start a good bank first.

Interesting to see if Trump&Co will be dumped on this bad bank

Deal with Trump -Take a dump!

They should call Trump's loans if they need capital.

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