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Deutsche Bank (DB -2.8%) expects Q2 profit to fall to €700M vs. expectations for €963M...

Deutsche Bank (DB -2.8%) expects Q2 profit to fall to €700M vs. expectations for €963M and €1.2B a year ago. Revenue is expected at €8B vs. €8.5B a year ago. Core Tier 1 Capital Ratio at Q2's end is 10.2%. "Lower full year net income projections will be mitigated by additional de-risking measures." (PR)
Comments (1)
  • Dr. V
    , contributor
    Comments (1179) | Send Message
     
    Nice try, Germany.

     

    More pathological lies being spewed by Deutsche Bank, their ACTUAL (Deutsche Bank's) Core Tier 1 Capital Ratio, (which measures its core equity capital as a percentage of its risk-weighted assets), is below 6%, according to Nomura Securities analysts, putting it near the bottom of its European peers under the 2019 guidelines. Keep believing Deutsche bank, with an overall health rating of "C+" since August 13, 2011.

     

    Germany ALWAYS gets a pass, would be nice to see them fail on a massive scale, and be forced to adopt the same IFRS standards as the rest of the western world.

     

    ANYONE involved in Int. Assoc. Risk & Compliance Professionals, and the Basel III Compliance Professionals Assoc, knows better, and can read the monthly reports. They couldn't have a R E A L Tier 1 Capital Ratio if they added 10%! We know the 6% is even buffed up, probably more like 3% in reality.

     

    Read their balance sheet, great compost.
    25 Jul 2012, 03:56 AM Reply Like
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