During the financial crisis of 2008, Deutsche Bank AG was one of the few banks that proudly refused to take bailout money from the government. Eight years later, its stock price down almost 90 percent from the peak, one of Europe’s biggest banks is staring into the abyss.
Similar to Lehman Brothers in 2008, very few if any analysts think Deutsche Bank could go bankrupt. Although investment bank Citigroup rates the stock “high risk,” it thinks the company is worth 13 euros ($14.3) per share, or 18 billion euros in total ($19.8 billion).
Deutsche Bank is the equivalent of an American B-rated horror movie. Not A-rated with the fancy stars like Robert De Niro.
, Veritaseum
