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ChewingGrass

Deutsche Bank Offload Shipping Loans

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Appears the Bank is after selling off shipping loans whilst other banks in the sector are also trying to do the same thing, however it appears difficult to agree with potential buyers on the mix of bundled loans such as performing, less performing, non-performing loans and different types of ships.

This to me would appear to be sign that all is not well as has been speculated elsewhere.

http://uk.reuters.com/article/us-deutsche-bank-loans-shipping-exclusiv-idUKKCN0ZM19I

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Appears the Bank is after selling off shipping loans whilst other banks in the sector are also trying to do the same thing, however it appears difficult to agree with potential buyers on the mix of bundled loans such as performing, less performing, non-performing loans and different types of ships.

This to me would appear to be sign that all is not well as has been speculated elsewhere.

http://uk.reuters.com/article/us-deutsche-bank-loans-shipping-exclusiv-idUKKCN0ZM19I

it's only one billion. Deutche banks derivatives book is estimated at 75 TRILLION.

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Barclays buys Deutsche Bank

Barclays Plc CEO Jes Staley has preached the need for a European champion in that business to ward off American dominance, and this would provide that: the combined company would pass Staley’s alma mater JPMorgan Chase & Co. as the world’s biggest trading firm. The deal would also give London-based Barclays a firmer foothold in continental Europe if Brexit were indeed to go through.

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Barclays buys Deutsche Bank

Barclays Plc CEO Jes Staley has preached the need for a European champion in that business to ward off American dominance, and this would provide that: the combined company would pass Staley’s alma mater JPMorgan Chase & Co. as the world’s biggest trading firm. The deal would also give London-based Barclays a firmer foothold in continental Europe if Brexit were indeed to go through.

They are only speculating!

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Yeah let's celebrate lots of low paid and part time work.

LOL - this is what it's come to. The word "job" is meaningless. It could mean a well paid full-time position or a zero-hour position heavily dependent on government subsidies (UK-wise at least).

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