Having collapsed this morning following a profit warning (and mass layoffs) this morning, we suspect the following chart will start to send Deutsche Bank counterparties scrambling for protection…
With a market cap of just over $21 billion now, Deutsche Bank – the once most systemically-dangerous bank in the world, and German darling – is now smaller than… $25 billion Twitter.
The last time Deutsche Bank was heading towards the same market cap as Twitter, Germany was contemplating a bailout and counterparty risks soared…
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