Deutsche Bank Has Lost 38 Percent of Its Market Value in a Month; That’s a Big Problem for Wall Street and the Fed

https://wallstreetonparade.com/2022/03/deutsche-bank-has-lost-38-percent-of-... Deutsche Bank (symbol DB on the above chart) closed at $16.50 on the New York Stock Exchange on February 10 of this year. It closed at $10.23 yesterday – a decline of 38 percent in a month’s time. That’s a big problem because Deutsche Bank is heavily interconnected to Wall Street banks via derivatives. According to Deutsche Bank’s most recent annual report, as of December 31, 2020, it held $35.4 *trillion* in notional derivatives. (Notional means face amount. See the table on page 147 of the 2020 Deutsche Bank Annual Report here https://investor-relations.db.com/files/documents/annual-reports/Annual_Repo... .)