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How negative interest rates helped turn Deutsche Bank into a disaster

From cnn.com

{video} Deutsche Bank, once a superstar in Europe, is now a disaster. Germany's biggest lender is rapidly slashing jobs, it's losing a ton of money and the stock is trading near all-time lows. Many of Deutsche Bank's problems are self-inflicted. It's been badly mismanaged. Deutsche Bank (DB) never fully cleaned up its crisis-era balance sheet. Restructuring efforts fell short. And its countless legal black eyes haven't helped matters. But Deutsche Bank's struggles have also been amplified by something the 149-year-old lender never imagined, mostly because it had never happened before in modern history: negative ... (full story)

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  • Category: Fundamental Analysis