Deutsche Bank and the Big Short

The movie ‘The Big Short’ reminds us how the toxicity of Deutsche Bank’s historic activity and culture continue to infect the bank and broader financial system today. Deutsche is the most leveraged big bank in the world, with assets 37 times core equity tier one capital. Half of these assets – $762 billion – are over-the-counter derivatives, the legacy of its growth before the crisis.

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The hidden price of talent

Multimillion bonuses are back and G20 nations are promising to crack down on excesses at the forthcoming Pittsburgh summit. But just what talents do these lavish rewards buy? The debate has mainly focused on traders. But some of the most important recent hires aren't in trading - they're in sales. Take Antonio Polverino. According to…

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