UNCRY - Deutsche Bank: Police Raid Intensifying An Already Long And Deep Rout

Here We Go Again

Deutsche Bank (DB), Germany's biggest lender, is making the wrong headlines again.

On one hand, it's involvement in Danske Bank's money laundering scandal.

On the other hand, it's DB alleged involvement in the "Panama Papers" ongoing saga.

With more fresh scandals - the number of options dwindle.

The stock plunges to multi-decade lows while bond yields jump as investors are delivering a "no confidence" vote.

DB now has the smallest market cap among all leading European lenders, even smaller than Italy's UniCredit (OTCPK:UNCFF, OTCPK:UNCFY, OTCPK:UNCRY).