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Deutsche Bank’s Third Quarter Results Are… Well, About What You’d Expect If You’re Being Honest
It's hard to know how to cover Deutsche Bank's quarterly results these days.
The bank is akin to a failed state - it will continue to exist, but it will never recover.
Given that the odds of a long-term turnaround are very low by most accounts, the chances of something definitively good materializing out of thin air in any one quarter seem infinitesimal. As you can surmise from the following simple bar chart, the market didn't find a lot to like in the Q3 numbers.
Deutsche is, of course, ge
