Abigail with attitude: Deutsche Bank seems to be tripping over its own toenails

Against this opaque backdrop, Deutsche Bank seems to be tripping over its own toenails. I admit that during the financial crisis I was one of the few journalists who was critical of the good ship DB. I didn’t like the fact that shortly after Lehman’s collapse, Deutsche posted a surprise third-quarter profit by reclassifying some €25 billion of trading assets under new accounting rules. I also couldn’t understand how a house that had been so big in complex derivative products did not need to raise more capital – although Deutsche did eventually raise capital in late 2010 in association with the takeover of Deutsche Postbank.