Deutsche Bank reported 1.491 trillion euros in total assets, (stellar-deutscheb.digital) Issuser Address: GABDJONZVQA5NBF7OQ62N3WUGNSLHNUFUDZSQAAQYEFWGQU5GDJKXF4T ICO On 01/06/2023 CB:15,000%
Project Aurora Asset
"A Passion to Perform"
As of 31 March 2021, Deutsche Bank reported 1.491 trillion euros in total assets, 567 billion in deposits, 459 billion in loans, and 56 billion in shareholder's equity
To help facilitate the wealth transfer of assets, in March 2023, Deutsche swapped billions of euro in securities for cash and government bonds so that it could quickly access readily available cash to fund outflows such as depositor withdrawals
"We think that was the right decision and prudent given that we were cautious about the outlook for 2023, and we had some model changes that were coming. Today, we think the outlook is a little bit more clear... we now have the confidence to move forward as a management team, we've engaged in a dialogue with our supervisors, and intend to move forward in the second half of the year with a buy back." - Deutsche Bank CFO Von Moltke
To further support building a new economy, Deutsche Bank has also recently announced a hiring spree for its Mergers & Acquisitions (M&A) team despite having a deal drought (https://www.bnnbloomberg.ca/deutsche-bank-on-m-a-hiring-spree-as-deal-drought-lowers-costs-1.1926437) and has nearly doubled its capital investment in Vietnam to $200+ million (https://fintechnews.sg/74616/vietnam/deutsche-bank-doubles-vietnam-investment-to-more-than-us200-million/) USD
?? Lastest News ??
31 May 2023: A Wave of Defaults—and a Recession—Is ‘Imminent,’ Deutsche Bank Forecasts (https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-31-2023/card/a-wave-of-defaults-and-a-recession-is-imminent-deutsche-bank-forecasts-AYSGpPtYPEnfPejvoIDk)
26 May 2023: Deutsche Bank used big trades to raise cash in March turmoil (https://www.rte.ie/news/business/2023/0526/1385856-deutsche-bank-used-big-trades-to-raise-cash-in-march/)
27 April 2023: Deutsche Bank CFO Von Moltke Says Liquidity, Capital Improved (https://www.youtube.com/watch?v=Il49N9nmzCk&t=30s)
Passive Income Opportunities in Stellar - PROJECT AURORA:
? Passive Income Assets: https://t.me/QuantumStellarInitiative/22968
? Project Aurora & Ukaz: https://t.me/QuantumStellarInitiative/21777