Silver as an investment

Category Archives: Deutsche Bank

Fed fines Deutsche Bank $156.6 million for forex violations

gata.org / By Patrick Rucker and Karen Freifeld, Reuters / Thursday, April 20, 2017 The U.S. Federal Reserve on Thursday fined Deutsche Bank $156.6 million for violating foreign exchange rules and running afoul of the Volcker Rule. The German bank failed to detect and halt its traders from using chat rooms to communicate with competitors, […]

“The Nightmare Scenario” And Everything Else: The Full French Election Matrix

Yesterday, we presented a Deutsche Bank research report which tried to evaluate whether, despite polls suggesting otherwise, a Le Pen-Melenchon first round victory was possible in the French election this coming Sunday. In a surprising break from the conventional wisdom, this is what DB concluded: Melenchon’s rise in the polls has been one of the […]

Euro Banks Still Can’t Value Their Own Equity Research; Subscriptions Range From $50k – $600k A Year

Literally no one knows the true ‘value’ of research, not even the investment banks that are selling it.  Up until now, equity research has been treated as a ‘freebie’ given away to institutional clients in return for trading commissions but that is all about to change thanks to the European Union’s MiFID II regulations, which […]

Bond Bears Battered To 5-Month Lows But Rate-Hike Bets Top $3.2 Trillion

Since their peak 'shortedness' in mid-January, US Treasury bond bears have covered 500,000 10-year-equivalent contracts, reducing the net speculative short to its lowest since before Thanksgiving 2016. At the same time, however, Eurodollar shorts (bets on Fed rate hikes) have soared to a new record high (over $3.2 trillion notional).   However, both the absolute […]

Which Hedge Funds Are The Biggest Holders Of ETFs

The relentless growth of passive investing in general, and ETFs in particular, has been extensively discussed on the pages over the past few years, most recently overnight when we presented a note from Convergex which laid out some ideas how investors can profit from the unstoppable – for now – shift from active, and expensive, […]

So Many Triggers

Authored by Jeff Thomas via InternationalMan.com, It’s not a story that’s likely to appear on the evening news, but it certainly should. Deutsche Bank has announced that it will create more shares, selling them at a 35% discount. Existing shareholders have not been pleased and, in the first four days since the offer was announced, […]

“The Bear Market Is On Hold”: Deutsche Bank Throws In The Towel On Its Treasury Short

zerohedge.com / by Tyler Durden / Apr 9, 2017 6:18 PM Six months ago, Deutsche Bank’s Dominik Constam – who roughly one year ago was lamenting the trendy at the time “secular stagnation” theme as an example of “capitalism in crisis” and was blasting negative rates as the “failure of globalization” – turned from prominent bond bull to […]

From “Dissensus” To “Democrazy”: A Warning From Deutsche Bank

zerohedge.com / by Tyler Durden / Apr 8, 2017 Last October, Deutsche Bank’s credit derivatives expert Aleksandar Kocic, one of the best stream-of-consciousness, James Joyceian writers among the Wall Street sell-side, penned what was at the time the best summary why the existing politcal system was fracturing with every passing day. As Kocic put it, the most […]

From “Dissensus” To “Democrazy”: A Warning From Deutsche Bank

Last October, Deutsche Bank’s credit derivatives expert Aleksandar Kocic, one of the best stream-of-consciousness, James Joyceian writers among the Wall Street sell-side, penned what was at the time the best summary why the existing politcal system was fracturing with every passing day. As Kocic put it, the most likely origin of the anti-global sentiment expressed […]

Frontrunning: April 7

U.S. fires missiles at Assad airbase; Russia denounces ‘aggression’ (Reuters) Congress Supports the Airstrikes, Debates What Happens Next (WSJ) Trump’s Syria Strike Sends Not-So-Subtle Warning to U.S. Rivals (BBG) Russia Halts Cooperation With U.S. on Syrian Air Operations (WSJ) Syria Says Strike Kills Five, Damages Air Base (WSJ) Oil hits one-month high after U.S. missile […]