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  • They will be above capital limits even after paying all the $14bn fine (which they won't) $250bn of liquidity I believe.
    If I had cash I'd be buying now.

  • DB's tier 1 capital is 11% - 1.5% short of the target set by the regulator, if I recall.

    It may have the cash for the fine, but their liabilities would reduce by a commensurate amount.

    That means P&L, and that comes straight out of its equity - further impacting it's capital gearing.

    Even without the fine, the capital position is not good.

    The price may bound around a bit, but nobody is injecting a big lump of capital, and nobody is buying its assets.

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