Why ‘radioactive’ Deutsche Bank could go nuclear at any time, experts warn

TROUBLED Deutsche Bank’s huge exposure means the firm could have a devastating impact on Europe’s financial system if it were allowed to fail, experts have warned.

Germany’s biggest bank reportedly has a $45 TRILLION (£34trn) portfolio of underlying assets that its clients are taking a position in – which equates to more than 10 times Germany’s entire GDP.

And the problem is that no one really knows what’s makes up Deutsche’s book of exposure and so-called derivatives book because it’s so opaque and complicated, according to Michael Hewson, chief market analyst at CMC Markets UK.

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