Danske mortgage book sale

A

Adanskecustomer

Registered User

Messages

3

• 9 Jul 2016

• #1

Is it true danske are selling their mortgage book? Project "pluto". Do you think any of the pillar bank's will bid for this?

 

A

aristotle

Registered User

Messages

898

• 9 Jul 2016

• #2

More info: http://www.thetimes.co.uk/article/deutsche-bank-mission-to-buy-danskes-pluto-8txh5bt9j

 

L

Lightning

Registered User

Messages

5,468

• 10 Jul 2016

• #3

Astonishing that Deutsche Bank, who are in trouble right now, with their market cap down over 50% YTD, want to purchase this legacy mortgage debt. What makes it extra surprising, is that DB's woes are being put down to DB owning too many hard-to-value securities as explained in this interesting FT article.

 

Last edited: 10 Jul 2016

B

Branz

Registered User

Messages

898

• 10 Jul 2016

• #4

Both links are pay per view so most of us here can't peep

 

L

Lightning

Registered User

Messages

5,468

• 10 Jul 2016

• #5

Google the title of the FT article to read it for free.