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“If you have ANY money in Deutsche Bank, you’re going to want to get it out…”
German “megabank” Deutsche Bank (DB) is in trouble. It’s facing a potential $14 billion fine by the U.S. government. The government contends DB committed fraud during the great financial crisis in 2009. The news has sent the stock to all-time lows…
Since then, news of a fine reduction (to around $5 billion) has given some relief to DB’s flagging share price. But The Palm Beach Letter’s Teeka Tiwari warns us not to go “bottom fishing” for this “dangerous” stock today.
Big T makes an important case every Deutsche Bank shareholder… every DB depositor… and every “bargain hunter” cannot miss in today’s 3-Minute Market Minder.