Deutsche Bank is eager to get rid of billions of unwanted assets. It is just an effort to keep the firm alive. But who is the buyer? Goldman Sachs is most likely to do this.
So what is all for sale? The Asian derivates business is sold. Barclays, Morgan Stanley and Goldman Sachs were the buyers. French BNP Paribas bought the hedge fund business.
So what is Goldman Sachs now up to purchase. Rumour says it is the emerging market debt portfolio the German bank holds.
So what is Goldman Sachs interested in? After all, can’t Deutsche Bank write off to much on the holdings. The capital buffers would be increased when the write off is too big.
The Goldman goal is market share. That’s all. It is not clear of this will save Deutsche Bank. After all, it is the bank into very big problems and capable of blowing up the European Union and its economy.