Deutsche Bank on the Verge of Failure? Stock Price Collapses
Tuesday, February 9, 2016 6:00
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by Jeff Berwick
Dollar Vigilante
On September 28, 2015, we wrote, “Will Deutsche Bank Be This Cycle’s Lehman Bros?”
At the time, Deutsche Bank was $26.
[...] Five months later and Deutsche Bank has since announced a $6.6 billion loss for 2015 and has fallen to $15. It is now down 36% on the year.
Looking at the longer term chart, Deutsche Bank fell from $120 to below $20 during the last financial crisis in 2008. It never recovered, hitting a peak of just above $70 in 2009 and has been on a downward slope ever since… a slope that has escalated into a stunning collapse in the last few weeks.
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Source: http://financialsurvivalnetwork.com/2016/02/deutsche-bank-on-the-verge-of-failure-stock-price-collapses/?utm_source=rss&utm_medium=rss&utm_campaign=deutsche-bank-on-the-verge-of-failure-stock-price-collapses
