How negative interest rates helped turn Deutsche Bank into a disaster

CNN | 7/29/2019 | Staff
leeann77 (Posted by) Level 3
New York (CNN Business)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.

Deutsche - Bank - Problems - Deutsche - Bank

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.

You're basically kicking a wounded animal while it's down. Negative interest rates have simply...
(Excerpt) Read more at: CNN
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