Analiza problemov banke Deutsche Bank : delo diplomskega seminarja

Uršič, Max Filip (author), Marinč, Matej (mentor)

Deutsche Bank je ena izmed največjih svetovnih bank po številu sredstev. Banka je do konca 20. stoletja delovala predvsem v smeri poslovnega bančništva, nato pa se je s pomočjo Edsona Mitchella, takratnega vodje oddelka za svetovne trge, prestrukturirala v eno izmed vodilnih investicijskih bank. Njen izjemno tvegan poslovni načrt je na začetku deloval dobro, saj je poslovanje banke cvetelo. Ko pa je prišla finančna kriza leta 2008, se je izkazalo, da je Deutsche Bank postala ena izmed bolj problematičnih svetovnih finančnih institucij. Banka je imela in še ima težave na več ravneh. Bila je neprofitabilna, njeni kazalci likvidnosti so bili (in nekateri so še) primerljivi s kazalci tistih bank, ki finančne krize niso prestale, delež finančnih produktov v njihovi bilanci stanja je visok in vodi v hude izgube. Banka ima prav tako veliko pravno-moralnih težav, saj je bila vpletena v veliko število finančnih škandalov. Bila je ena izmed vodilnih igralk v škandalu LIBOR, oprala je velike količine ruskega denarja, vpletena je bila v škandal Danske Bank in navsezadnje je prejela tudi visoke kazni za prodajo toksičnih hipotekarnih finančnih produktov med krizo. Vsi ti dejavniki so imeli hude posledice za delovanje banke, kajti njena podružnica v ZDA od 2015 naprej trikrat ni prestala stresnega testa ameriške centralne banke Federal Reserve (FED). Tudi cena delnice je močno padla, najvišjo ceno je dosegla leta 2007, ko je znašala 112 EUR, nato pa je padla za 94 % na današnjih 7 EUR. Zaradi vseh omenjenih težav je velika možnost, da banka v prihodnosti tudi propade. To bi imelo zelo velik negativen vpliv na celoten evropski oziroma svetovni finančni sistem, saj Deutsche Bank velja za veliko in sistemsko pomembno banko. Zato je pomembno, da se propad banke prepreči na vse možne načine, saj bi lahko bile posledice propada preprosto prehude.

• Language: Slovenian
• Keywords: Banka, stresni test, pranje denarja, solventnost, likvidnost, donosnost kapitala, cena delnice
• Work type: Final seminar paper
• Organization: FMF - Faculty of Mathematics and Physics
• Year: 2019
• PID: 20.500.12556/RUL-108762
• UDC: 519.8
• COBISS.SI-ID: 18686553
• Publication date in RUL: 20.07.2019

Secondary language

• Language: English
• Title: Analysis of problems of the bank Deutsche Bank

Abstract

Deutsche Bank is one of the largest international banks by total assets. The bank was operating mainly through commercial banking division throughout most of the 20th century. Then in the late nineties, Edson Mitchell joined the bank as the head of global markets and helped to restructure it into one of the leading investment banks. The banks risky business plan worked nicely at the beginning. However, after the financial crisis came in 2008, Deutsche Bank became one of the most problematical international financial institutions. The Bank had and still has problems on multiple levels. It was unprofitable, its liquidity ratios were (and still are) comparable to liquidity ratios of banks, that did not survive the financial crisis, the share of derivatives on its balance sheet is high and leads to severe losses. The Bank also has many legal problems, as it was involved in some of the world largest financial scandals. It was one of the leading players in the LIBOR scandal, Russian money-laundering scandal, Danske bank scandal and last but not least, also paid a large fine for selling toxic mortgage securities. Because of all this, the bank’s American subsidiary did not pass the Federal Reserve’s stress test three times. Furthermore, the banks share price decreased by 94%, from its peak of 112 EUR to its low of 7 EUR. Because of all these problems, there is a high possibility that the bank will collapse in the future. That would hurt the European or even the world’s financial system. Therefore, it is important to prevent the collapse of the bank in every possible way (even by recapitalization from Germany), because the consequences of failure would be too severe.

• Keywords: Bank, stress test, money laundering, solvency, liquidity, return on equity, stock price