Relevant:
- Giant Hedge Fund Renaissance Has Been Pulling Money Out of Deutsche Bank for Months
- Deutsche Bank Sold Massive Amounts of Phantom Stock
- Merkel Says No Aid for Deutsche Bank; Derivatives And Fines Loom -- Depositor Bail-In Inevitable?
- Deutsche Bank Sees Hedge Funds Topping $2 Trillion
- New Research Shows Diversification of Funds of Hedge Funds Increases Risk
2016-09-29 — telegraph.co.uk
Deutsche Bank came under mounting pressure this evening after it emerged that some hedge funds worried about its financial health had started to trim their exposure to the troubled lender, sparking fresh fears about its future. Â
About 10 funds that use Deutsche's prime brokerage business -- a division that services hedge funds - are believed to have reduced their positions with the bank in recent days by shifting some of their derivatives holdings to different firms and withdrawing some cash.
See also Martin Armstrong's comments.
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