>Germany’s largest lender is set to shut over a quarter of its branches across the country as the company goes through a major restructuring process.
>After recording colossal losses of around €7 billion in 2015, the Frankfurt lender is desperately seeking ways to cut costs.
>Deutsche Bank has also announced plans to make 3,000 members of its full time staff redundant.
thelocal.de
Other urls found in this thread:
soon
Is this the beginning of the end?
it's gonna be a fun little war
Deutsche Bank is too big to fail.
This doesn't make any sense. They told Britain that voting to leave would strengthen German and other Continental banks and that remaining was only in the best interests of Britain.
Damn you are so fucking retarded. Deutsche Bank troubles have nothing to do with the Brexit.
I'm pretty sure the economy will take a massive shit by the end of this year. this will result in more world conflict on top of the shit we have now. Yeah i'd say we got another World War on our hands. As bloated as that term is, WW3 is looking very real at this point.
>Lehman fucking brothers
ahh yes. let us not forget the shit storm of 2008. nothing like giving million dollar loans out to people who make minimum wage.
But I thought the 'fugees wre going to fix the economy?
idiot boy
This is, in part, the fault of the Greeks not paying their denbts fast enough.
We are sacrificing ourselves for the glory and future of this European Union.
Then if it doesn't work it probably means we need MORE
M A N Y M O R E
>London no longer center of EU financials
>"hurr why are banks leaving london?!"
UK please, pop a banger in yer mouth and go read a book
>Did not trigger a50 on behalf on Greece (expulsion)
this martyr-of-EU attitude of yours is what brings every other european country to hate you
France and Italy (respectively 2nd and 3rd net contributor to the EU) are chocking on taxes to finance the EU and your stick-in-the-ass politicians (Angela first of all but Scheuble is not less irritating) keep complaining about shit here and there. I will laugh so hard when DB fails even if i'll be shitless poor soon after
i hope it happens before november so trump wins
Who is going to fight whom?
Greece defaulting on a loan would trigger a cash flow crisis inside DB, which in turn would ask for a bailout (re: printed money). This fixes the problem for six months, but also causes a recession which triggers another cash flow crisis as deposits drop and debtors begin to go bankrupt. As the EU is already instituting a negative interest rate, and a "small" tax on large deposits, they don't have any way to reboot the economy. In which case, the options are either to let the bank fail (and issue payouts to all depositors) or print more money (which will cause rapid inflation, and hurt the economy more). With a rock bottom Euro, even just importing oil becomes expensive which is a further drag on the economy.
And this is how the Euro falls apart. Germany may keep flooding DB with money, but it would do no good. The fundamentals of it do not operate. The combination of high taxes, low population growth and high refugee costs prevent golden parachutes from happening. The Euro begins it's breakup when Italian banks fall and demand a bailout, which Brussels refuses. Seeing that the market is becoming monopolized by German banks (who won't allow corruption like Italian ones do), the Italian government ejects. France follows suit as inflation prevents most people from buying imported goods like iphones.
EU + Russia + China vs US + UK + india
Spain and UK will get over a tiff over Gibraltar, US and EU will get involved, Russia and india will pick sides to get their hands bloody
>One of us, one of us, one of us...
The globalist elite and military against the moslem jihad
It will be a guerilla WW3
Hell, it already is in a sense
>EU with Russia and China
lemao
>Bank is in very public financial trouble
>Bank is cutting costs
Wow it's fucking nothing.
ww3 isn't going to happen over an EU breakdown. European countries straight up cannot afford war, even with the EU gone. And China will never actually fire on the US over the South China Sea, as it would cause their depression to turn into a full-on collapse. Russia can't afford war either.
>>Bank is in very public financial trouble
this is a problem
>globalist elite and military against the moslem jihad
The muslims are globalists and allied of the elite against the ethnic europeans.
Britain, Russia and the US versus Germany just like the last two because God is a lazy fuck
Deutsche Bank their problems have nothing to do with the Brexit.
It has more to do with the way the ECB solved our last crisis, and its not only Deutsche bank that is performing poorly due to it.
Master scheme to ruin Europe financially?
USA using Israel as a catalyst and UN to justify their insane proposals?
Just kidding, nothing will happen.
>The muslims are globalist
Yes, but not the same kind as the current mainstream murrica-branded globalism
They are currently playing the murrican globalists's game and using the subversion it spreads through Europe to be able to put in their own pawns, cf Muslim Borhterhood tranquil war doctrine.
You're right on that point though, whether the murrican globalists or muslims globalists win, European people are still fucked
>sell banks across EU
>leave German banks for last
>place incompetent bankers of foreign origin to destroy what's left
We wuz genius economics and shieet, all high IQ Jews, all fail. Lets repeat it for another 2000 years of monarchy owned banks, until next war.
>Forces loans onto EU members with asian money
>Bankrupts
Hey Kraut faggots.
>Pay dembts
The muslim brotherhood is at avery echelon of the western world.
They own the globalist game much more than one's think.
Lol how did you bring brexit into discussion is beyond me. Might as well bring Hitler in next time..
Bank run!
a
n
k
r
u
n
!
Death to the EU!
Death to the Euro!
Take every single penny you have got and short DB now.
Stop it Nigel! They might actually do it, I don't want 2008: Electric Boogaloo.
It's also almost certainly too big to bail.
They want Deutsche Bank, to fail to destroy the german economy, which is part of the plan to wipe out all ethnic germans.
There is a concrete plan in existance in DC, London and Tel Aviv to genocide all ethnic germans within the next 5-10 years, to permanently disable a potential Russia-Germany alliance. The genocide is relatively slow mode right now (mass rapings in Cologne etc), if the germans mount a resistance to this slow genocide, they will shut down the internet and go into full blown german holocaust mode
The situation is not quite as hopeless as you'd believe it to be, but Germany as we know it today will cease to exist and most germans will get wiped out soon, one way or another.
But why Germans? Why are they so hell bent on trying to get rid of The Germans? Are they actually that afraid of them rediscovering who they once were?
One of the larger/most powerful groups.
Get rid of them and the rest are easy.
You confuse financial economics with wartime economics. Look at the U.S in the 1930's, they were in a big depression. WW2 broke out, the economy boomed like never before. War can be a great opportunity in our economic paradigm. Although it is usually the last resort.
>and the rest are easy.
>pic related
>Brexit by 2050.
Or
>"How I got around the Brexit problem by removing Britain from existence and calling it a province of Greater Europa" by Jean-Claude Juncker
A german-russian alliance would replace the USA as the global superpower numero uno in no time.
youtube.com
The high intelligence and relentless industriousness and diligence of ethnic germans , coupled with their high numbers (compared to jews) makes them the single most powerful ethnic group on the planet.
Agreed, combined with the resilient and resource heavy russians, the future would be bright indeed.
wouldn't work...
deusche banks footprint in the us and the uk is much bigger... their service econnomies would suffer more than the german industry...
also they will have to bail out deutsches daughters as they are actually the problem...
so in the end it's not really our problem.
>A german-russian alliance would replace the USA as the global superpower numero uno in no time.
> German delusion at it again
lol settle down there Adolph
You're going to make Putin piss his pants laughing so hard.
Good move.
With so many people losing their jobs/future how are we not at this point in an economic collapse?
crash this economy with no survivors
PRAISE KEK
And who will genocide you ?
Us ? The russians ?
Stop it Hans, you are doing it on yourself, that is the saddest part in this story.
Isn't the whole eurozone fucked in debt ?
There's no growth in Finland, sweden is going backwards, Italy and France are in the same situation as Germany
>Isn't the whole eurozone fucked in debt ?
Nah, the debt isn't that bad. Its the derivatives.
Russia would just hold you back
one of the largest banks in the world going insolvent
importing hundred of thousands of fucking rapefugees who don't wanna work and be welfare queens.
EU is disintegrating
how fucked is Germany on a scale of 1 to 10
>Sweden
>Euro zone
We Love you KEK!
...
fuck off back to s4s/, meme country, or else i'll report you to swedens muslim diversity police and they'll shove a buttplug up your arse that plays the adhan when you pass a Muslim on the sreet and don't kneel.
We Love you KEK!
Sounds like something he'd enjoy.
>There is a concrete plan in existance in DC, London and Tel Aviv to genocide all ethnic germans within the next 5-10 years, to permanently disable a potential Russia-Germany alliance. The genocide is relatively slow mode right now (mass rapings in Cologne etc), if the germans mount a resistance to this slow genocide, they will shut down the internet and go into full blown german holocaust mode
Germany doesn't need Russia.
Early 21th century warfare is decided by who has the biggest IT nerds piloting the largest fleet of combat drones.
The globalists want a Franco-German muslim ethnostate ruled by jews
The Russians want to weaken NATO in preparation for a continent-spanning muslim ethno-state ruled by jews
Neither makes appropriate use of the resources practically handed to them on a silver platter.
What? Were you imagining tank battles with manned planes zooming past, you old fart?
We're already starting to pass new laws and reducing numbers because it doesn't make sense. It wasn't for us. You, much like france, is knee deep in muslims and it can only ever get worse. It's part of the fabric of your societies. They're part of your history. You're niggers for good, like the US. Sorry.
>The Russians want to weaken NATO in preparation for a continent-spanning muslim ethno-state ruled by jews
why would russia want this
Because a weak Muslim NATO is less of a threat.
the continent wide part implies that russia and eastern europe are also part of this ethnostate, right?
Ethnic russkies are still super butthurt about toppling their own empire and want the land back.
Mr. Abrahamovich and his colleagues would make a killing on the arms market and and every inch of land their saturday goyim take for them is another inch in their exclusive economic zone.
Don't kid yourself into believing the Big Guys in Russia don't drink from the same ideological cup as the Big Guys in the EU.
This is Hitlers fault
Dont pretend you had anything to do with it.