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Five reasons why Merkel needs to rescue Deutsche Bank

Is German Chancellor Angela Merkel secretly working for a hedge fund on the side?

Thursday 29 September 2016 at 14:38

Five reasons why Merkel needs to rescue Deutsche Bank
Photo: iStockPhoto

Is German Chancellor Angela Merkel secretly working for a hedge fund on the side?

That is the most charitable explanation of her briefings over the weekend that her government has no intention of bailing out the once-mighty Deutsche Bank if it runs into even-worse trouble - news that sent its shares into yet another nosedive. Anyone who had shorted them would have made a fortune.