Expectation for significant growth of DBK:GR losses in Q1 and Q2 of 2016

Deutsche Bank has already acknowledged officially for more than $ 10 billion dubious "mirror" foreign exchange operations conducted by their Russian branch. The investigation of money laundering against DB is underway in September in the American prosecution. After the Russian Central Bank punished with a symbolic fine dubious transactions of the Russian division of Deutsche Bank, they louder became interested in American and British regulatory systems.

Over the past 12 months DB already pay over $ 2.75 billion in fines in the United States to release the charges of violating a number of international sanctions. It is pending the investigation in the UK and US for manipulation of the currency market and  in futures contracts on a number of industrial metals. US authorities generally show much more interest in large volumes, because US law binds directly fine monetary volume of offense.

No case non-American bank to challenge the sanctions imposed in the United States yet. All this gives reason to expect significant growth of this type of losses in the balance sheet of Deutsche Bank in Q1 and Q2 of 2016. At present, shares of Deutsche Bank AG (DBK: GR XETRA) are traded 22.38EUR, at 52WK RANGE: 20.66 / 33.42 and 1 YR RETURN: -9.60%.