Is Deutsche Bank a stable long term bank or is it risky to keep money there?
07/21/2023 •
Deutsche Bank is a stable long term bank. — Most comments highlight the recent profitability trend, successful restructuring, and positive governmental statements about the bank. Despite some concerns, the majority of opinions are leaning towards stability and profitability of Deutsche Bank.
Stats
| 46% | 87 | |
| 33% | 63 | |
| 13% | 24 | Hacker News |
| 6% | 12 | 4Chan |
| 2% | 4 | Mastodon |
| 46% | Negative |
| 28% | Neutral |
| 27% | Positive |
| 48% | 😃 Joy |
| 41% | 😱 Fear |
| 8% | 😢 Sadness |
| 3% | 😡 Anger |
| 0% | 🥰 Love |
| 0% | 😯 Surprise |
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Story
- There is skepticism and speculation about Deutsche Bank's stability and risk. Some believe the bank has had issues since before 2008 due to excessive risk-taking, which has led to a lack of confidence in its financial position. There is speculation that Deutsche Bank could be the next bank to fail, indicating a precarious financial situation.
- There are concerns about Deutsche Bank's financial stability and solvency, with references to the bank's history of bad loans, bad acquisitions, and bad management. Some also suggest Deutsche Bank engages in shady practices and label it as one of Europe's money laundering banks.
- People express concerns about the stability of Deutsche Bank and the banking sector as a whole. They draw attention to the bank's past issues and excessive risk-taking, and compare it to troubled banks like Credit Suisse. There is also concern about the impact of a global crisis on the banking sector and the overall economy.
- Commenters express doubt about Deutsche Bank's ability to restructure its business model effectively and become profitable. They believe the bank has been trying to shrink itself into profitability for years, implying the business model needs improvement.
- Commenters question Deutsche Bank's ability to ensure its safety and stability through radical restructuring. They highlight recent events such as the slump in Deutsche Bank shares and the surge in the cost of insuring its debt against default as signs of instability.
- The rising cost of insuring Deutsche Bank's debt against default, the slump in its shares, and the concentration of power in the European banking sector are seen as potential threats to the stability of Deutsche Bank and the banking sector as a whole.
- Despite the skepticism and concerns, some commenters believe Deutsche Bank is safe, stable, and a huge buying opportunity. They point to Deutsche Bank's CET1 ratio of 13.4%, liquidity coverage ratio of 142%, and net stable funding ratio of 119% as indicators of solvency.
- Deutsche Bank has reported 10 straight quarters of profit and undergone a restructuring of its business model, which some commenters view as a sign of stability and profitability.
- German Chancellor Scholz reassures the market that the banking system in Europe is stable and Deutsche Bank is very profitable, giving no reason to worry.
- Deutsche Bank's current profitability trend is seen by some as a positive sign for the bank's long-term stability. It reported higher profits compared to the previous year, exceeded analyst expectations, and withstood market volatility.
- Some commenters state that Deutsche Bank is much safer than other banks, expressing confidence in its safety and stability. Notably, financial commentator Jim Cramer has also asserted that Deutsche Bank is safe and presents a huge buying opportunity.
- A general concern about the stability of the global banking system is expressed, with Deutsche Bank being seen as a symbol of this concern.