Atrump Games

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Invest in Deutsche Bank - Long Term

Baking giant in global arena Deutsche Bank is staring at collapse given justice department potential fine of $14 bn. The fine is connected with toxic mortgage selling in and around 2006 - 2007 leading to financial crisis in 2008.

Post potential news the share price tumbled and currently trading at 11.57 euro after hitting 33 year low of 9.90 euro. The price recovered post another news that the fine will be around 5.5 billion $.
Investor should take advantage of this situation and aggregate shares at lower price.

In my point of view Deutsche bank may get out of the situation at much lower fine as Justice Department also understand that any instability in financial market will push US into another crisis

Disclaimer: Consult your financial advisory before investing                         
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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.
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