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It takes 16 Deutsche Banks to make one JPMorgan

Eshe Nelson
It takes 16 Deutsche Banks to make one JPMorgan

Deutsche Bank can’t catch a break. Yesterday, the Federal Reserve said the US division of the German bank failed its latest stress tests, designed to see how well banks can withstand a financial crisis. The central bank said (pdf) Deutsche Bank suffered from “widespread and critical deficiencies across the firm’s capital planning practices,” and there…