From the report
Germany’s biggest lender Deutsche Bank said last week that it had allocated €123 million
Deutsche Bank were on the verge of bankruptcy a number of years ago and were "saved" by a massive injection from J P Morgan
With the major USA banks having so much capital tied into foreign banks how are they going to survive the domino effect
History On July 21, 2011, when the GAO released its audit of the Federal Reserve’s secret $16.1 trillion in bank loans during the financial crisis, a foreign bank ranked number 9 on the list of the largest borrowers. The loans went not just to the largest banks on Wall Street but to foreign derivative counterparties to the Wall Street banks. The foreign bank that ranked 9 on the list of the largest borrowers was Germany’s largest bank, Deutsche Bank, which took $354 billion in revolving loans from the U.S. Federal Reserve.
