The fact is that Deutsche Bank has few real strengths and no clear competitive advantage in any division. Radical new vision or no, I can’t see a future for it as an independent business. And there is no possibility of private sector rescue, nor of public sector aid. Management has simply delayed the inevitable, yet again. Eventually, Deutsche Bank will break itself up.
Morocco recalls ambassador to Stockholm, while Saudi Arabia, Egypt, Iraq, and several other governments denounce the provocative act Read HERE
The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as […]
“Short-term responses are being put in place to deal with mid- to long-term problems, which is understandable given the urgency of the immediate.” Read Here
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