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Mark Filippino

๐Ÿ‘ค Speaker
208 total appearances

Appearances Over Time

Podcast Appearances

FT News Briefing
How Deutsche Bank got its groove back

So, Kay, why did prosecutors feel like Left was manipulating his followers?

FT News Briefing
How Deutsche Bank got its groove back

Now, is it weird for traders and especially short sellers like left to speak publicly about their positions?

FT News Briefing
How Deutsche Bank got its groove back

I thought that was kind of part of their M.O.

FT News Briefing
How Deutsche Bank got its groove back

Yeah.

FT News Briefing
How Deutsche Bank got its groove back

And like I said, left has come out and said that this has become a case against free speech.

FT News Briefing
How Deutsche Bank got its groove back

And I gather that there are people on Wall Street who agree with them.

FT News Briefing
How Deutsche Bank got its groove back

Kay Wiggins covers legal affairs in the US.

FT News Briefing
How Deutsche Bank got its groove back

Thanks so much, Kay.

FT News Briefing
How Deutsche Bank got its groove back

Gold has leapfrogged U.S.

FT News Briefing
How Deutsche Bank got its groove back

government bonds to become the world's top reserve asset.

FT News Briefing
How Deutsche Bank got its groove back

That's according to a European Central Bank report out yesterday.

FT News Briefing
How Deutsche Bank got its groove back

Central banks have been relentlessly buying the yellow stuff over the past several years, and there are two big reasons for that.

FT News Briefing
How Deutsche Bank got its groove back

One is geopolitical tensions.

FT News Briefing
How Deutsche Bank got its groove back

A lot of countries want an alternative to the U.S.

FT News Briefing
How Deutsche Bank got its groove back

dollar, which is the world's de facto reserve currency, and even more so since 2022.

FT News Briefing
How Deutsche Bank got its groove back

Washington at the time froze Russia's dollar reserves because of Moscow's full-scale invasion of Ukraine.

FT News Briefing
How Deutsche Bank got its groove back

And the second reason for the shift is gold's skyrocketing value.

FT News Briefing
How Deutsche Bank got its groove back

It hit a record high in January and more than doubled over the past three years.

FT News Briefing
How Deutsche Bank got its groove back

Not too long ago, Deutsche Bank was known as the sick bank of Europe, but it looks like Germany's biggest lender is turning the ship around.

FT News Briefing
How Deutsche Bank got its groove back

Deutsche Bank reported record profits last year, and investors are starting to believe in it again.