After the close in Frankfurt but in the middle of trading in New York, another damaging “internal bank document” was leaked to Bloomberg. In it, we learn that “a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender.” We note that only ten out of 200+ derivatives-clearing clients have made these changes, but the damage was large enough for the stock price to lose another 6.67% in NY. We can only reiterate what we wrote in our Q&A report “Is Deutsche Bank going bust?” yesterday about the liquidity of the bank and the main features of its derivatives portfolio. We reiterate our Buy rating with a Target Price of EUR13.92, but we note that the harrowing pressure faced by the bank has essentially been produced by two press leaks: one presumably from the DOJ and the other one (on Thursday) from an “internal bank document”. We are very far away from fundamental analysis…