I know the word on the street has been talking about CS, but I didn't DB was at risk too. That's big
Credit Suisse (CS) And Deutsche Bank (DB) At Distressed Valuations: Which To Avoid?
Both CS and DB are trading at distressed valuation. CS will have to go through a painful restructure. Read more here.seekingalpha.com
You have to figure that most of their models were likely based on lower rates, cheaper energy and a better dollar/euro exchange. I imagine every EU business is having to tough conversations right now