| | | Effective PR

bailout

Late last year, there were rumours of fundamental financial instability at German bank Deutsche Bank (Deutsche). In September, the German government said it would not provide support for the bank. Speculation was rife as to why but perhaps the strongest was that Angela Merkel, the German Chancellor, was already on a sinking raft in heavy political seas. Then Deutsche started doing deals to settle regulatory cases and the sums are adding up to so much that the future of the bank must now be in doubt.

BIScom Subsection: 

Is there a pattern? Peter Mandelson's links to Indian businessmen were one of the reasons for at least one of his disgraces. Now, within weeks of his return from exile in Europe, he is once again "considering" assisting an Indian business.

CoNet Section: