Friday, July 01, 2016

IMF: "Deutsche Bank Poses 
The Greatest Risk 
To The Global Financial System"
The bank with some of the largest derivative exposure is in the heart of europe - Deutsche Bank .. the IMF now says that Deutsche Bank poses the greatest systemic risk to the global financial system, explicitly stating that the German bank "appears to be the most important net contributor to systemic risks." .. from the report: ".. Deutsche Bank appears to be the most important net contributor to systemic risks, followed by HSBC and Credit Suisse. In turn, Commerzbank, while an important player in Germany, does not appear to be a contributor to systemic risks globally. In general, Commerzbank tends to be the recipient of inward spillover from U.S. and European G-SIBs. The relative importance of Deutsche Bank underscores the importance of risk management, intense supervision of G-SIBs and the close monitoring of their cross-border exposures ..."
LINK HERE to the article

No comments: