The Germans had the biggest
ship bank that had the biggest guns market share
On her deck were
guns loans as big as steers and shells loan losses as big as trees
Deutsche Bank, Germany’s largest bank, announced a $8.5 billion public offering with another $2 billion expected to be raised from asset sales.
The shares dropped on Monday the most in more than five months, following the announcement that Deutsche Bank will tap investors for the fourth capital infusion since 2010. The lender, which has posted more than 8 billion euros ($8.5 billion) of net losses in the past two years, has almost doubled in market value from a September low, making a share sale more palatable. Cryan is trying to sweeten the offer with the promise of renewed dividends and a return to profitability.
Liquidity moves markets!Click here to learn how you can follow the money.
The reaction in the market?
Deutsche Bank’s earning are nothing to write home about.
This reminds me of the WWII German battleship Tirpitz, seen here on its side doing its best Deutsche Bank imitation.
Wall Street Examiner Disclaimer: The Wall Street Examiner reposts third party content with the permission of the publisher. I curate these posts on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. In some cases promotional consideration is paid on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler and no endorsement of the content so provided is either expressed or implied by our posting the content. The Wall Street Examiner makes no endorsement or recommendation regarding them. Do your own due diligence when considering the offerings of third party providers.