As BBC Business News put it this morning 'Merkel has ended up in a cul de sac of her own making'. She has refused to allow the Italians to subsidise their banks (as the strongest voice in the EU). So now she cannot go ahead and do exactly the opposite with Deutsche Bank.
OG, With the Chinese having the top 3 slots of the biggest Bank in the World I am sure they could. But will they? Deutsche is a croc of poo at the moment and not just in financial terms.
Plus and here's the rub, the yanks are hunting Deutsche down for malpractice and moving on dodgy accounts, whilst trying to stitch up a deal with the EUSSR and put us at the back of the queue. Ohh deep joy.