And yet, at no point in that period did the stock close at a level below where it closed today: a new all time low, crashing 7.2% to €9.16 following reports that the bank was on the Fed's "Secret" probation list.

However, the one saving grace is that unlike in 2016, or 2008, Deutsche Bank did not feel it needed to make an official statement addressing the recent stock crash. Because, as traders know all too well, the one thing that assures a banking crisis is imminent is for a bank to promise, plead and vow there is no reason to be worried as no crisis is imminent.

But not anymore, because shortly after 8pm local Frankfurt time, Deutsche Bank's new CEO - experiencing a bizarre case of dreadful deja vu as his stock crashed to new all time lows - decided to validate everyone's worst fears by issuing a report addressing "media reports about the regulatory ratings of our US entities" and which after prefacing that "we do not comment on any supervisory ratings as our communication with regulators is confidential", goes on to comment extensively on the bank's supervisory ratings.