Deutsche Bank Woes Steer Consumers To Financial Control With Bitcoin
Financial markets all over the world are faced with daily turmoil, and the compounding worries about European banks are only adding more fuel to the fire. Big banks have not been healthy for several years now, and things have not improved by much since the 2007 financial crisis. A combination of bank stocks crashing hard and looming worries about some banks defaulting on their debts will herald a new era of recession. Bitcoin seems to be among the only ways out, and embracing the popular digital currency is slowly becoming a necessity. People living both inside out and outside of the....
Related News
It will be impossible for Deutsche Bank to continue their operations as normal and pretend there is nothing wrong. The story of Deutsche Bank being a systemic risk to the global economy is far from told. If this vast European institution would collapse, the European economy will see significant shockwaves for many years to come. According to Zerohedge, this collapse will only be a matter of time, although that may be overstating things a bit. It has to be said, though, that Deutsche Bank has been digging its own grave for quite some time now. After refusing to admit their capital situation....
If the Deutsche Bank were to collapse - which seems inevitable right now - they would impact every other financial institution on the planet. The global ramifications would be so widespread; the world whole would be pushed into recession again. The Brexit is raising a lot more questions than we have answers at this time. Despite turmoil on the stock and fiat currency markets, there is no significant altercation to speak of. The so-called Brexit “fear’ has not materialized yet, albeit this could be a period of the calm before the storm. At the same time, the IMF is pointing at Deutsche Bank....
A German report mentions how customers of Deutsche Bank have been a victim of a double-debit. Several thousand customers have been charged twice on June 1st and 2nd. Although there is no official explanation for this debacle, a lot of clients are outraged regarding this situation. A mistake can always happen in the banking sector, but charging customers twice in as many days is rather unusual. Clients of Deutsche Bank may want to keep an eye on their statements, as several thousands of consumers have been affected by this very strange incident. Deutsche Bank Operations Are Messed Up.....
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank, Germany’s largest banking institution, is scaling down operations in the Russian Federation. The bank announced its move in a statement posted on Twitter late on Friday, condemning Russia’s invasion of....
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock. Deutsche Bank’s Bubble Survey A survey published Tuesday by Deutsche Bank asked 627 market professionals to rate on a scale of zero to 10 how they see financial bubbles in a range of assets. According to CNBC, the survey was conducted between Jan. 13 and Jan. 15. The bank found that 89% of....