Friday, February 12, 2016

Wolf Pack Senses Wounded Prey in #DeustcheBank

This largely PR move doesn't change a thing. The wolf pack senses wounded prey in Deutsche Bank (DB). It will continue attack DB until it drops to its knees and begs for a bailout. The Euro better rally will the going is good, because the clock is ticking on DB, Soc Gen, Banco Populare, etc.

Headline: Deutsche Bank to Buy Back $5.4 Billion Bonds in Euros, Dollars

Deutsche Bank AG plans to buy back about $5.4 billion of bonds in euros and dollars as it seeks to allay investor concerns about its finances.

The bank said in a statement on Friday that it’s “strong liquidity position” allows it to repurchase the senior unsecured securities without any change to its 2016 funding plan. It’s offering to buy 3 billion euros ($3.4 billion) of bonds in the single currency and $2 billion of dollar notes.



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