(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)
By Neil Unmack
LONDON, April 21 (Reuters Breakingviews) – The German lender’s latest U.S. regulatory thwack comes as it asks creditors to swap bail-in bonds for SEC-registered ones with clearer terms. It implicitly tests Berlin‘s model for resolving banks. It’s also a reminder of the benefits Deutsche gets from being a global bank.
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CONTEXT NEWS
– The Federal Reserve fined Deutsche Bank $156.6 million on April 20 for violating rules on foreign exchange trading and failing to prevent traders from betting with the firm’s capital.
– Deutsche B…
Read the full article at: http://timesofindia.indiatimes.com/business/international-business/deutsche-offers-investors-a-too-big-to-fail-test/articleshow/58296697.cms
