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Deutsche Bank is the darling of the short-sellers

According to Reuters'data, investors have borrowed 39 mn shares of Deutsche Bank to bet against it - or about 2.8% of the total shares outstanding

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Deutsche Bank

Landon Thomas Jr 

In a market full of crowded trades, few have become as fashionable as the bet that Deutsche Bank's stock price will keep on falling. Hedge funds, large and small, are shorting the stock. Long-term institutional investors are dumping their positions. And Wall Street's secretive but influential community of independent research providers has been proclaiming for months that Germany's largest bank does not have enough cash to survive. Even Tidjane Thiam, the chief executive of Credit Suisse, which itself has been the target of hedge funds, said at a conference on Wednesday that ...

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First Published: Fri, September 30 2016. 00:08 IST
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