Deutsche Bank toxic derivative losses

MobileSaver

AG47 wrote: »

1st Feb they have to release last quarter results, they can no longer hide the mass losses.

As you are such an expert on DB please can you tell us what will happen on 1st Feb after they reveal these mass losses?

antrobus

AG47 wrote: »

...

If even JPMorgan had huge losses last quarter then what about the toxic Deutsche bank the most dangerous bank in the world because it's so interconnected?

JP Morgan did not make 'huge losses last quarter'. To the contrary;

JPMORGAN CHASE REPORTS RECORD FOURTH-QUARTER 2018 NET INCOME OF $7.1 BILLION, OR $1.98 PER SHARE

https://www.jpmorganchase.com/corporate/investor-relations/quarterly-earnings.htm

The question would therefore be; what made you think you could get away with posting such an outrageous lie, now that God has given us Google and it takes 5.3 seconds to find out the truth?

John_G_Jones

AG47 wrote: »

The fifty trillion is all derivatives, sprang into existence from thin air

Deutsche bank is the most dangerous bank in the world.
1st Feb they have to release last quarter results, they can no longer hide the mass losses.

If even JPMorgan had huge losses last quarter then what about the toxic Deutsche bank the most dangerous bank in the world because it's so interconnected?

You can’t be “given” derivatives, but leaving that piece of idiocy to one side, where’s your evidence of that?

Are you just going to ignore someone who works in the business politely (ish) explaining where you are getting things wrong?

AG47

Malthusian wrote: »

Ah, "green shoots". A phrase most recently used by Baroness Vadera in 2009, for which she was roundly mocked and criticised. She said she saw "green shoots of recovery" at almost the exact bottom of the market (January 2009), and she was proved 100% correct by the ensuing 9-years-and-counting bull market.

Previously it was used by Norman Lamont in October 1991, again to much criticism. The 1990-91 recession ended that very quarter, proving Lamont 100% correct.

I don't advocate market timing, but if there's a recession and/or stockmarket crash on, and you have a load of cash which you're scared of putting into the market, and

1) a politician says they see "green shoots"
2) everyone else in politics and the media crucifies them for being delusional / out of touch,

past performance says that it's time to bash on the wine gums.

If "green shoots" was supposed to suggest delusional optimism, I think you need a better phrase.

Boom and bust has not stopped. Yes it's been over ten years now without a serious downturn, but it is coming that's for sure.

DBanks 50 trillion toxic derivatives will intensify the next downturn into a global catastrophe

AG47

John_G_Jones wrote: »

You can’t be “given” derivatives, but leaving that piece of idiocy to one side, where’s your evidence of that?

Are you just going to ignore someone who works in the business politely (ish) explaining where you are getting things wrong?

What do you mean by you can't be given derivatives? Not sure what you are getting at there.

But if you study the temporary new international monetary system that the entire world went on to on Aug 15 1971, then you will understand that every unit of currency just springs into existence with interest owing on it.

(THese were exact words by Nixon on that day, yes we were told it would be temporary. It's been temporary for 50 years)

Where does the interest come from to pay that off? It also has to spring into existence with more interest owing on it and so on.

AG47

UBS just reported terrible 4Q earnings.

UBS was supposed to be the strongest of ALL the European Banks. Deutsche Bank reports on Feb 2nd...wonder how that's gonna turn out!

Hang on tight.

Deutsche Bank, then European Banks...then US Banks!! (Bix Weir)
https://youtu.be/VJ7ioZxFick

John_G_Jones

AG47 wrote: »

What do you mean by you can't be given derivatives? Not sure what you are getting at there.

No, the sad thing is that you probably don’t.

If you do ever want help to understand how derivatives trading works I’ll be happy to assist, but given that you seem to have made your mind up on the basis of very little knowledge, and certainly none from any sensible sources ai’ll just leave you to it.

DaveandMayu

Let's hope you are right John but European banks are tumbling and this is before brexit

Anyway Duetcher bank has to report in about 2 weeks so we will see

John_G_Jones

DaveandMayu wrote: »

Let's hope you are right John but European banks are tumbling and this is before brexit

Anyway Duetcher bank has to report in about 2 weeks so we will see

Duetcher? I don’t know that one.

antrobus

AG47 wrote: »

UBS just reported terrible 4Q earnings.
....

UBS posts 2018 profit jump
https://www.cnbc.com/2019/01/22/ubs-earnings-q4-2018.html

Can you please stop posting these outrageous lies.