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Deutsche Bank Fails Federal Reserve Stress Test
<http://track.cordial.io/c/275:5b360462bfb8299b7fd492a8:ot:591dfa4cac0c811781b71e6e:1/dd79e11c/7a3bbe694065d1b718a24d203a473fc6/>

The German lender was the only bank to outright fail its second test, which
evaluates specific weaknesses in financial institutions with major U.S.
operations. While the Fed called out “material weaknesses” in its
planning, Deutsche Bank said the result won’t affect capital
actions. Meanwhile, The New York Times noted that Justice Anthony Kennedy’s
<https://track.cordial.io/c/275:5b360462bfb8299b7fd492a8:ot:591dfa4cac0c811781b71e6e:1/d8089186/1479cb646ff4a31a6a035b01fbeb332b/>
son
headed the bank’s real estate business during a time when it was the only
lender willing to work with President Donald Trump, calling into question
the relationship between the two families and the timing of Kennedy’s
retirement.

https://www.nytimes.com/2018/06/28/us/politics/trump-anthony-kennedy-retirement.html
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