Brexit Is a Lehman Moment for European Banks - Bloomberg View
...Deutsche Bank, which once had pretensions to be Europe's contender on the global investment banking stage, is now worth just 17 billion euros ($18 billion). When the biggest bank in Europe's biggest economy, with annual revenue of about 37 billion euros, is worth about the same as Snapchat -- a messaging app that generated just $59 million of revenue last year -- you know something's wrong.
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