
MM106: Deutsche Bank triggers a slide in European bank shares
Market Maker
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Deutsche Bank's Restructuring Plan After the Financial Crisis
Deutsche Bank has been hit by a series of scandals and backdated fines for shenanigans. They went through this period, I'd say between 2007 to 2015, was a sort of eight year period of decline. And they were trying to recover from the crisis, getting slapped by these ever bigger fines. But you know, people don't forget, right? People have memories of the crisis. So when you have a new crisis, it's like, well, who do I not trust? Well, I don't trust those guys that were naughty in the past.
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