2008 vs 2018, Lehman Brothers vs Deutsche Bank; Bridgewater
Shares in Lehman Brothers plunged on Monday as the bank disclosed a worse-than-expected $2.8bn second-quarter loss and said it would raise $6bn in common and preferred shares to bolster its financial position.
The German lender reported a net loss of 2.2 billion euros ($2.75 billion) in the fourth quarter of 2017 — worse than the net loss of 1.25 billion euros that Reuters analysts had forecast.
NEW YORK (Reuters) – Lehman Brothers Holdings Inc LEH.N is cutting 200 jobs, equivalent to 10 percent of its investment banking staff, CNBC television reported on Thursday.
Deutsche Bank AG has started cutting at least 250 jobs globally at its corporate and investment bank as Germany’s largest lender seeks to keep a lid on expenses amid a sustained slide in the securities unit, according to people with direct knowledge of the matter.
The cuts are still taking place and could widen to more than 500, one person said. In the past two weeks, the bank trimmed senior and mid-level investment banking positions in locations including London and the U.S., the people said, declining to be identified as the details are private.
E doar o coincidenta.
Intre timp, ca si-n 2008, piata caselor “stagneaza”.
Oare in cat timp incep masurile de stimulare? Parca-l vad pe domnu’ Isarescu invitand bancile sa dea dom’le drumu’ la creditare…
Glumesc, evident. Si aia cu casele e tot o coincidenta.
Intre timp, la Bridgewater, din lungul sir de coincidente:
Bridgewater is the world’s largest hedge fund manager with around $160 billion in assets under management.
Short selling is driven by expectations that shares will fall, which means they can be repurchased at a lower price to make a profit.
Earlier on Monday, Bloomberg reported that Bridgewater had taken short bets against European companies to $14 billion, including a $1 billion bet against Siemens.
The European filings show Bridgewater has bet against firms ranging from Anglo-Dutch consumer giant Unilever to French oil group Total, and from Deutsche Bank and German industrial group Siemens to Italian bank Intesa.
Ce pula mea sa zic….sper c-aveti economii. Gen nu in banca si nu in crypto. Stiu, un pariu de 22 de miliarde nu-i neaparat mare lucru la nivel macro, da’ ala-i un singur fond si, in general, lumea nu prea arunca prosteste cu banii la nivelul ala.
Ma rog, stiu ca nu prea va intereseaza treburile de genul asta (romanii si stocks, sa fim seriosi), da’ din cand in cand mai vedeti si de-astea.
Ce e interesant la chestia asta e ca n-au pariat impotriva unei companii anume, ci impotriva gigantilor din EU. Pe scurt, au bazat shortu’ pe macro. Si tot de observat e ca nu vad pe-acolo United Kingdom pe nicaieri. Adica focus pe euro. Adica Draghi.
Daca au dreptate…well, stiti si voi ce-nseamna asta.
PS stati linistiti, o sa vedeti si-n presa treaba asta imediat ce le da cineva un link, lol.