Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Deutsche Bank In Spotlight As CDS Blows Out, Shares Dive
Never a dull moment.
Banking crisis headlines enveloped Deutsche Bank on Friday, when sharp moves in the shares and CDS precipitated the usual social media cacophony and accompanying five-alarm coverage blaze at mainstream financial news outlets.
The bank's senior CDS ballooned to the widest since introduction four years ago.
To state the obvious, the jump illustrated in the figure is notable for being abrupt. On Thursday, Boaz Weinstein flagged "violent" moves across European bank subordin
Probably anecdotal, but there was some activity yesterday on WSB..
Admittedly, I’m less-than-enamored with the prospect of Reddit trying to orchestrate SIFI runs. In my opinion, that’s not something that should be countenanced.
The shorts are looking for the next weak member of the herd to hunt. Confidence is shot. I am thinking this weekend may have another announcement….
I’ve admired how astute you have been all along. Thank you
What took so long? This has been a troubled and scandal ridden insitution for a very long time…..
Another criminal enterprise about to get bailed out,
This could get out of hand for the Fed and the ECB really fast. Look at how some US banks are trading, BoA is a large “safer” institution yet it trades like the kiss of death, panic moves fast, if DB goes I’m not sure how regulators stop the dominoes.