Deutsche Bank in Trouble
Germany's biggest bank faces a potential $14bn fine from US regulators. Could this trigger a wider banking crisis? And how a possible Trump presidency is hurting Mexico's economy.
Could the world be heading towards a new banking crisis? A massive fine facing Germany's Deutsche Bank might, some argue, be just the tip of the iceberg for the world's big banks, already struggling amidst tighter regulation and low interest rates. Stress tests have shown a number of banks still struggling to build sufficiently robust balances if and when a new economic crisis were to strike. But surely it couldn't all happen again, could it? We get the view of former Deutsche Bank chief economist, Thomas Meyer, and from Peter Hahn of the London Institute of Banking and Finance.
Also, the Βι¶ΉΤΌΕΔ's Katy Watson reports on how the prospect of a Trump presidency is already causing the Mexican currency to struggle, and Lucy Kellaway reflects on the latest public relations battles facing the US' best-known female CEO, Marissa Meyer of Yahoo! To what extent are her woes made worse by her gender?
(Photo: by Hannelore Foerster/Getty Images)
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- Mon 3 Oct 2016 07:32GMTΒι¶ΉΤΌΕΔ World Service except News Internet
- Mon 3 Oct 2016 15:06GMTΒι¶ΉΤΌΕΔ World Service except East and Southern Africa, News Internet & West and Central Africa
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