$43.32
-1.22 (-2.74%)
Deutsche Bank AG (USA) (NYSE:DB)
CAPS Rating:
The Company Offers a variety of investment, financial related products and services to individuals, corporate entities around the world. The company operates through two divisions: Corporate and Investment Bank and Private Clients and Asset Management.
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Highly leveraged bank that has billions of dollar losses yet to recognize. The bank has also a number of the lawsuits coming from the broken buyout transactions over the last year. In particular, together with Credit Suisse, DB is facing more than $20 billion Huntsman lawsuit in Texas. DB and CS's partner Apollo has already rolled over and is testifying against the banks.