First it was Jefferies. Then Citi. Now it’s Deutsche Bank‘s turn:
JAIN EXPECTS 3Q DEBT TRADING REV. TO DECLINE `SIGNIFICANTLY’
JAIN SAYS CB&S AFFECTED BY MARKET ENVIRONMENT
JAIN SAYS 3Q TRADING RESULTS DIDN’T BENEFIT FROM CATALYST
JAIN EXPECTS TO TAKE ADDITIONAL LITIGATION RESERVES
Stock promptly plunges because nobody could have possible foreseen this…
Stocks have been totaly divorced from reality(earnings) for years, as QE marches on(money printing).