NOTHING TO SEE HERE, MOVE ALONG: European banking’s slow-motion crisis is picking up speed — and it’s all a lot simpler and scarier than you think. “You know it’s bad when the finance minister of Germany has to publicly state he has ‘no concerns’ about his country’s biggest lender – Deutsche Bank – as Wolfgang Schauble did on Tuesday while bank shares plummeted. It’s been brewing for a while. The business models available to European banks, the methods by which they make money on a consistent basis, are disappearing fast and investors are taking flight.”