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Is the Deutsche bank going to be the next Lehman brothers in 2015?
Deutsche Bank is one of those prestigious “Too Big too fail banks” well until they actually fail that is like a certain Lehman Brothers did in the 2007 – 2008 period!
But typically before a big one goes down there usually are warning signs!
One of the headlines not too long ago actually caught my attention!
Deutsche Bank to cut workforce by a quarter!
Here is an exerpt of that article:
Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.
They aim to cut a quarter of their workforce!
Here is the full article in question:
http://www.reuters.com/article/2015/09/14/us-deutsche-bank-restructuring-idUSKCN0RE1GD20150914
Then there are rumors about insiders information surfacing on the internet recently about how Deutsche Bank could be the next Lehman Brothers!
Here is an exerpt of that article:
According to disturbing new intel that I have received, a major financial event in Germany could be imminent.
Now when I say imminent, I do not mean to suggest that it will happen tomorrow. But I do believe that we have entered a season of time when another “Lehman Brothers moment” may occur.
The full article can be read over here:
http://www.hangthebankers.com/deutsche-bank-collapse-germany/
Finally something of interest to know Deutsche bank failed the federal reserve stress test!
“European banks Deutsche Bank and Santander failed the tests outright.”
So with that in mind and the recent economic turmoil that has been caused by chinese stocks there is reason to believe that danger might be lurking over one of europe’s biggest banks!
