European Bank Earnings Preview: Deutsche Bank, Barclays

The transcript discusses the competitive landscape between US banks and Deutsche Bank, highlighting the challenges faced by Deutsche Bank due to distractions like the DOJ fine. It also compares Barclays' progress with Deutsche Bank, noting Barclays' strong UK retail and card businesses. The discussion shifts to Italian banks, mentioning potential investments by George Soros and Paulson, and the importance of financial stability in the region.

What implications does the DOJ fine have for Deutsche Bank's strategy?

What potential risks are associated with Deutsche Bank's current valuation?