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As Deutsche Bank Implodes, The ECB Is Making A "Strategic" Hire...

With Deutsche Bank crashing and burning for the second time in 2016, with its stock taking out all time lows and CDS spiking to record levels not seen even during the financial crisis, the ECB - which earlier denied its policies are at fault for the German lender's woes - has realized that in addition to bond buyers (if not so much sellers), it needs to beef up its staffing in one critical area: banking supervision.
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