Merkel Says No Aid for Deutsche Bank; Depositor Bail-In Coming Up?

‘The €72 trillion (notional) derivatives mess known as Deutsche Bank remains under severe pressure. It’s market cap is $17.43 billion. It has no earnings and pays no dividend.
On April 23, Deutsche Bank was Fined $2.5 Billion over LIBOR rate rigging. Twenty-one people face criminal charges following a seven-year investigation.
On September 16, the US Department of Justice Fined Deutsche Bank $14B for mortgage securities fraud leading up to the 2007-2009 global meltdown. Today, German Chancellor Angela Merkel Rules Out Assistance for Deutsche Bank.’
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