Deutsche Bank Aktiengesellschaft (DB)

The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
ENJOY ABSURD COMPANY VALUATIONS, While the Economy is COLLAPSING and Corporate Revenues are TANKING!
Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 4300.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $XPEV
https://www.cnbc.com/2020/09/18/barclays-says-market-valuations-at-dotcom-bubble-levels-downgrades-large-tech-stocks.html

DB has to show its strengths if it plans to grow against the heavily promoted US banks.
The US banks have all run ahead and can afford to back off but DB wasn't part of that run but continued to fall.
Good times will have to come for DB.
mho

This could be true.
It's generally a good rule of thumb that the less notice you attract from regulators, the better your banking career is going. However, there’s an exception that proves every rule, and the apparent disagreement between Deutsche Bank and the ECB over leveraged lending might be it (reported by Bloomberg; the company “as a matter of principle” won’t comment).

Basically, this isn’t a new issue. As far back as November last year it was being reported that the supervisors were telling Deutsche that they would feel more comfortable if the higher-leverage deals were suspended pending a review of a new risk control framework. Deutsche apparently viewed this as “impractical” and because it was a non-binding request, it went into the “thanks for your input” category. Which is … unusual.

At the best of times, central banks are not used to having their polite requests rebuffed. For a bank in Deutsche’s position – having only relatively recently resolved some very serious issues and with a few court cases still outstanding – it’s practically unheard of. It now appears that after six months of discussion, the matter is still not resolved, the ECB are threatening to increase capital requirements and Deutsche still seems to be saying “nein”.

This suggests that this leveraged lending team are either incredibly profitable, or very strategically important, or both. The first is very likely. Bloomberg identify $300m of leveraged loans revenue in 2020, with the 2021 run rate looking like it might be quite a bit higher. On its own, that would be 1.5% of group revenue or 3% of the investment bank. However, that might be the tip of the iceberg.

Because six months before the November contretemps, Deutsche expanded the remit of the leveraged finance franchise, creating a “strategic capital markets group” headed by Diarmuid Toomey. This group combines leveraged loans with structured equity and equity-linked products. It’s not completely clear what that means exactly in day to day terms, but to us it implies not only will there be structured product fees above and beyond those recorded in the Bloomberg leveraged finance data, but that there might be significant trading income as well.

Furthermore, the leveraged business is one of the jewels in the crown for Deutsche – it’s a top three player in EMEA and top ten in the USA. Even during the 2018 cuts in the investment bank, it was continuing to recruit and being described as “the engine room”. Strategically, a strong market share with financial sponsors is one of the keys to Deutsche maintaining bulge bracket status, and it has obvious synergies with the global corporate lending business.

It’s hard to be sure from outside, but if the CEO is indeed prepared to take the risk of an additional capital requirement for the whole bank, that’s surely an indication that the franchise is generating enough profit to justify doing so. Which suggests that this team might be one of the least known best places to work on the Street...

For how long will the US Government continue to PUMP the US Stock Prices artificially? Everyone knows that the US Market is in the MEGA BUBBLE; it is even more overvalued than Tulip Mania Bubble! The US Stocks are INSANELY OVERVALUED and OVERBOUGHT! The Valuations are impossible to justify!
For how long can the US Government run this fraudulent Stock BUBBLE, while Corporate revenues are tanking, Corporate and National Debt is Astronomical, the Valuations are beyond insanity, Political polarization is at max, there are ongoing and upcoming wars, the real resources are limited, Economy is Collapsing, Competition is intense, the Stock Dilutions are at record highs, everything is getting worse, China, Russia, and many other countries are set to ditch the US Dollar as an international reserve currency.
Now there are 100,000s of companies worldwide competing for $1 revenue! The US Companies that barely generate revenue of $1-2 million are trading at $50-60 Billion Market values, while in Asia, the same companies with better fundamentals, 100 times more revenues, are trading at 99% less market value! The US Company valuations DO NOT MAKE Sense at all! Why would one invest in US Stock Tulip Mania while he/she can buy the 1000 times better company share for a 99% cheaper price?
The US Stock Market is a MAJOR PONZI SCHEME designed to patch fraudulent pension systems in the US temporarily! There is NO PROPER Revenue Collection by the IRS since 2016. Taxes are extremely Low, and Nobody is paying custom duties! People want more free money without working, more free checks, more capital gains, more stock hypes every day! This fraudulent "no need to work" policy of the US Government will END TERRIBLY very soon! Inflation is skyrocketing, but the Government is lying about inflation!

$AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV $QS

Deutsche Bank reportedly poised to reap windfall on risky cargo bet

Deutsche Bank’s risky investment in a distressed cargo-shipping company is poised to reap a $1 billion windfall for the scandal-ridden financial giant, according to a report.

The fat profit – equal to a quarter of the bank’s 2020 investment banking earnings – is a marked turnaround for a bank that suffered five years of losses and numerous run-ins with regulators that forced it to fire 18,000 people as part of a massive restructuring effort.

In 2016, the German lender began snatching up tens of millions worth of Zim Integrated Shipping Services Ltd.’s bonds, bank loans, and equity. The debt-laden Israeli freight shipping company had just emerged from a restructuring at a time when shipping revenues were at record lows.

More stuff from Bloomberg just off the top of there head“
Credit Suisse is one we are watching,” said Alison Williams, an analyst at Bloomberg Intelligence. “The fact that there was some noise around U.S. regulators being unhappy” with Deutsche Bank could potentially raise some risk for the German lender, Williams said.
Who the hell is Alison Williams, an analyst at Bloomberg Intelligence.
Is this another pretty face like on cnbc that knows it all?

For the record, I'm OK with the gains on the Zim Integrated Shipping Services holdings, but hope that the bank has a solid risk management handle on going long on speculative stocks/bonds/other. In banking, boring is good, steady/improving earnings that lack lumpy profit/loss events even better.

A rule of thumb in banking is; anything that happens quickly to a bank's income statement is generally bad news for common shareholders. So be boring Mr. Sewing while building a fortress balance sheet and a predictable income statement. Only then will you have earned the respect of the investment community so lacking these past 10+ years.