El-Erian: Deutsche Bank Is Not a Lehman Moment

The video discusses the financial challenges faced by Deutsche Bank, including its market cap and DOJ fine. It highlights the risks to European banks and the need for a new business model. The role of Coco bonds in creating capital structure instability is examined, along with the systemic risks they pose. The video also addresses asset management challenges and the potential for market sell-offs.

What are the potential risks associated with the misreporting of loans by banks?

In what way does the text suggest that the banking system in Europe is lagging behind the US?