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PRESS RELEASE


IMF Declares Deutsche Bank the [Trans-Atlantic] World’s Most Systemically Dangerous Bank

June 30, 2016 (EIRNS)—A report from the International Monetary Fund appeared after Deutsche Bank failed the U.S. Federal Reserve's stress test, and with its market capitalization falling further. As quoted by Reuters, the report says

"Both Deutsche Bank and Commerzbank are the source of outward spillovers [of systemic risk—ed.] to most other publicly-listed banks and insurers.... Among the G-SIBs [global systemically important banks], Deutsche Bank appears to be the most important net contributor to systemic risks, followed by HSBC and Crédit Suisse.... The relative importance of Deutsche Bank underscores the importance of risk management, intense supervision of G-SIBs and the close monitoring of their cross-border exposures."

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