Steven Eisman Says To Short Deutsche Bank, Capital Raise AheadJacob Wolinsky
Neuberger Berman Managing Director Steven Eisman discusses the U.S. financial system and regulation. He speaks with Yvonne Man from the CFA Annual Conference on “Bloomberg Markets.” (Source: Bloomberg)
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“Deutsche Bank has real profitability issues,” Eisman said in a Bloomberg Television interview in Hong Kong. “Deutsche Bank is a problem bank. I think it has to shrink dramatically,” adding that the ‘undercapitalized’ bank will probably raise capital next year.