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Some Deutsche Bank Clients Unable To Access Cash Due To "IT Outage"
Zero Hedge ^
| October 2nd, 2016
| by Tyler Durden
Posted on 10/02/2016 4:16:01 PM PDT by Mariner
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To: Mariner
All the collateral parties to DB's derivatives are marching in place until something triggers. The US DOJ "fine" is not resolved. That could be enough to destabilize those static relationships. Just a little wave and the whole mess comes unraveled. The rumor of the $5 billion settlement with US DOJ caused a rally in DB stock on Friday. It turns out not to be true. Tuesday morning should be "interesting" for DB stock. DB is being sued by Monte dei Paschi too...just to throw some gasoline on the fire.
21
posted on
10/02/2016 11:12:44 PM PDT
by
Myrddin
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