Trouble at Deutsche Bank?

RenTech Has Been Pulling Money From Deutsche Bank for Months
By Sonali Basak , Donal Griffin , and Katherine Burton
July 5, 2019

https://www.bloomberg.com/news/articles/2019-07-05/rentech-has-been-pulling-money-out-of-deutsche-bank-for-months

https://en.wikipedia.org/wiki/Renaissance_Technologies

” Because of the success of Renaissance in general and Medallion in particular, Simons has been described as the best money manager on earth.[14][15][16]┬áBy October 2015, Renaissance had roughly $65┬ábillion worth of assets under management, most of which belong to employees of the firm.[17]

Deutsche Bank gambles on a last throw of the dice

https://www.ft.com/content/c047a384-9e32-11e9-b8ce-8b459ed04726

Deutsche Bank used to be an LBMA member, and in 2014 was investigated for gold and silver price manipulation: https://www.mining.com/deutsche-bank-exits-from-gold-silver-price-setting-amid-probe-46843/

One reply on “Trouble at Deutsche Bank?”

Comments are closed.