![](https://wallstreetonparade.com/wp-content/uploads/2020/07/Deutsche-Bank-iii.jpg)
By Pam Martens and Russ Martens: March 9, 2022 ~ Deutsche Bank (symbol DB on the above chart) closed at $16.50 on the New York Stock Exchange on February 10 of this year. It closed at $10.23 yesterday – a decline of 38 percent in a month’s time. That’s a big problem because Deutsche Bank is heavily interconnected to Wall Street banks via derivatives. According to Deutsche Bank’s most recent annual report, as of December 31, 2020, it held $35.4 trillion in notional derivatives. (Notional means face amount. See the table on page 147 of the 2020 Deutsche Bank Annual Report here.) Deutsche Bank, a large German bank, was among the global banks bailed out by the Fed during the financial crash of 2008 as well as during the (still unexplained) liquidity crash that saw the Fed pump trillions of dollars in cumulative loans into global banks from September 17, 2019 … Continue reading