the Deutsche Bank has long been in trouble, but the problems peaked after it earlier this month it became known that the american authorities require the bank for a total of 14 billion dollars.
the Requirement is about the bank’s activities in the boliglånsbaserte securities ahead of the financial crisis in 2008.
According to the analysts of JP Morgan will the German bankgiganten not afford to pay if the americans make the seriousness of the claim.
Forliksrykter
on Friday evening, it was however known that the bank is about to enter into a settlement with the americans. According to the AFP involves the impending agreement that the United states ‘ claim is reduced by 8.6 billion dollars to 5.4 billion.
It resulted in a quickly jumped on Wall Street yesterday.
however, What is certain is that the storbankens future is highly uncertain. A small number of people sitting with the key to determine where this ends, according to Bloomberg.
Among them are leaders in the bank, the EUROPEAN peaks, the u.s. department of justice and the German authorities:
John Cryan
Cryan is the ceo of Deutsche Bank. The last time he tried to build up the bank’s capital buffer by selling away assets, terminate employees, and to prevent that it is taken dividends.
In a letter to the employees of the bank, courtesy of Bloomberg, he writes that there is no reason for concern for the bank:
the Bank has been the subject of great speculation – new rumors have been stock prices to swing, he writes.
Our job now is to make sure that this vrengebildet not affect the daily operations of our. There are market forces out there that want to weaken us, ” he added.
Paul Achleitner
the Chairman of the board Paul Achleitner of Deutsche Bank is known to have a large network of contacts in the financial industry. It was he who, in his time employees Cryan in the position of president and ceo.
Bill Baer
Baer leads the department in the u.s. department of justice that has the responsibility for the claim against Deutsche Bank.
He has not even directly commented on the claim against the German bank, but has stated that the banks themselves are to blame for the negotiations on the settlement after the financial crisis has taken a long time.
– Each of them has paid much more than they would have done if they had cooperated from the start, he stated earlier this week.
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BANK IN TROUBLE: Deutsche Bank’s head office is located in Frankfurt.
Angela Merkel
In the German media, it has been reported that the government is prepared to go in with a rescue package to prevent the bank collapses.
It should be prepared to take over 25 per cent of the shares in the bank in a “worst case scenario”.
The one who ultimately takes the decision about a krisepakke is chancellor Angela Merkel.
Wolfgang Schäuble
While Merkel takes the decision, it is Germany’s finance minister Wolfgang Schäuble who will be responsible to design and conduct a possible rescue of the crisis-hit bank.
Deutsche Bank-turmoil sticking sticks in the wheels for luftfartskjempe
on Wednesday, he rejected that the government is working with a rescue package.
Mario Draghi
the head of The european central bank (ECB) will probably be involved before a bank like Deutsche Bank being wound up or divided up.
Earlier this week he would not answer the question whether the German government would inject money to rescue the bank, writes The Guardian.
But he denied that the ecb’s minusrenter are to blame in Deutsche Bank’s problems.
Daniele Nouy
Nouy is chairman of the board of the ECB and has the responsibility to visit Deutsche Bank’s activities and results figures in detail. She has the last word when the bank’s capital requirements for 2017 will be inserted.
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She has previously suggested that Europe’s banking sector is ripe for consolidation.
Elke Koening
Koening is the chair of the Eu Single Resolution Board (SRB) which should help to reduce the negative consequences of a larger bankkollaps.
DNB is worth more than Deutsche Bank
It is she who will treat any winding-up or division of Deutsche Bank. She has previously been head of the German banktilsynet.
Felix Hufeld
the Commander of the German financial supervisory authority of norway is the only representative of the German authorities with voting rights in the ECB board.
He stated this week that a low key policy rate is devastating for the banking sector, and asked the financial institutions are going to have to cut costs to survive.
Margrethe Vestager
Vestager, the EU commissioner with responsibility for competition and state aid.
If the German government comes up with a redningsplan for Deutsche Bank, it will be her task to see to it that it does not conflict with the Eu’s strict rules for providing public support to the companies.
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