Jacob Funk Kirkegaard, (2016), “What Deutsche Bank’s Troubles Tell Us about the Health of Europe’s Banking System”, Peterson Institute for International Economics, 30 September
The stock of Germany’s largest bank, Deutsche Bank, is currently trading at multi-decade lows and the bank is edging closer to suffering a general crisis of confidence, which could see investors pull their business from the bank and even depositors wanting their money out. We are not there yet, however, despite rapidly increasing rumors to the contrary. Whatever its outcome, the recent debacle will mean dramatic changes at the bank itself and could well stress test the new euro area single supervisory mechanism (SSM).
Relevant Posts
- Stanislas de Finance, Risto Nieminen, (2016), “Testing the resilience of banking union”, European Added Value Unit PE 558.778, April
- Stefano Micossi, Ginevra Bruzzone, Miriam Cassella, (2016), “State aid, bail-in, and systemic financial stability in the EU”, Voxeu, 6 June