Canadian banks at risk? DH is in a froth

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's about a probe into TD for money laundering Fentanyl profits.

It's hard to be a bank today without incurring a money laundering violation.

The fact that Deutsche Bank is still in business is a confirmation of this.

Well, DB is basically an arm of the German government. This is why it gets to be horribly unprofitable, do illegal sh#t, and still chug along. Everyone knows the German government will never let DB fail.

A country the size of Germany with its deep markets, you'd expect there to be a few domestic banks with international aspirations and systemic importance. But there's only one: DB.

[Anonymous]

Apparently TD, Bank of Montreal and Scotia Bank tried to corner the Poutine and beer markets and their bets have failed spectacularly.

Get your money out now!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's about a probe into TD for money laundering Fentanyl profits.

It's hard to be a bank today without incurring a money laundering violation.

The fact that Deutsche Bank is still in business is a confirmation of this.

Well, DB is basically an arm of the German government. This is why it gets to be horribly unprofitable, do illegal sh#t, and still chug along. Everyone knows the German government will never let DB fail.

A country the size of Germany with its deep markets, you'd expect there to be a few domestic banks with international aspirations and systemic importance. But there's only one: DB.

That is because the local government controlled savings banks, the Sparkassen, have a stranglehold on the German retail and small business banking sector. DB bought Postbank to get a slice of Germany's retail deposits to fund its broader international business, but the effort has struggled as it is very hard to compete against the Sparkassen in the German retail space.

[Anonymous]

Anonymous wrote:Apparently TD, Bank of Montreal and Scotia Bank tried to corner the Poutine and beer markets and their bets have failed spectacularly.

Get your money out now!

Dang you, now I want fries and poutine. Anywhere have that in DMV??

[Anonymous]

Anonymous wrote:

Anonymous wrote:Apparently TD, Bank of Montreal and Scotia Bank tried to corner the Poutine and beer markets and their bets have failed spectacularly.

Get your money out now!

Dang you, now I want fries and poutine. Anywhere have that in DMV??

Well, it's not "fries and poutine"...fries with gravy and cheese curds in poutine.

I actually think the poutine in this article looks much better than the traditional Canadian poutine.

https://dc.eater.com/maps/best-poutine-dc

[Anonymous]

Anonymous wrote:DH is mumbling frantically about Canadian banks being in trouble and how we should move our money out of TD Bank asap. Anyone know what the heck he’s talking about? Is he right or is he drunk or something??

He is drunk. Calm down.