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New disappointment at Deutsche Bank

Some employees at Deutsche Bank are trying to make extra money by selling bank-branded products oneBay.

Financial News reports that Deutsche Bankers who managed to purchase the bank's €80 customized shoes are now selling them for €600 on eBay in a feat of arbitrage that might help compensate for the bank's recent request that senior MDs give up a month's salary. 

Before anyone gets too excited, however, it's worth noting that €600 may be the upper range for the 'Deutsche Bank Limited Edition Adidas Advantage Trainer.' The only listing currently live (in a European size 42, U.S. size 9) is being sold from Germany in an impeccable box (imprinted with the message, 'It's now time to take a step forward in your new footwear as we explore the future of Deutsche Bank together') and has a guide price of just €439.

In fact, the trainers aren't the only item of Deutsche Bank paraphernalia listed on eBay. There's also a 'rare' Deutsche Bank sweatshirt (small, unisex), a 'vintage keyring', and a branded hand mirror. None will make their sellers rich: the sweatshirt is going for €5.85, the vintage keyring for €2.24, and the hand mirror for an incongruous €30. None have any bids. The market for unwanted DB merchandise may be sadly illiquid.

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

Photo by Kon Karampelas on Unsplash

AUTORSarah Butcher Global Editor

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