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Deutsche's pain a sign bank regulation is working

Despite the US Dept of Justice threatening a US$14b fine, the German lender is in better financial shape now than in 2008

After the collapses and bailouts of 2008, regulators set out to make banks more resilient. Today, Deutsche is able to absorb bigger losses before putting its depositors' cash at risk.


DEUTSCHE Bank's jitters have revived memories of 2008. Like that turbulent autumn eight years ago, investor confidence in one of the world's largest lenders has been shaken. Deutsche's share price has dropped and hedge funds are reported to be withdrawing spare cash. Chief