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How "Horrible" Is Deutsche Bank?

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Just how "horribly undercapitalised" is Deutsche Bank? One US banking regulator says it's the worst on a list of global banks when you look at leverage.
Deutsche says that's wrong. It's stated it's already raised some 5 billion euros in new debt and equity. 
Saxo Bank's James Doxford says it all depends on what measurements you use and how you interpret them.