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Deutsche Bank: a high of $146, it now trades at $11. AIG went from $1,913 to $40. HSBC 75% loss, Barclays 85% loss. All across the world its the same story.

Parent is probably alluding to market caps before the great financial crisis. So about 14 years back.

But individual deposits were guaranteed were they not?

The parent example is alluding to owning stock in the banks, not holding individual deposits at those banks.

Erste Group is where it was 5 years ago (and 40% off all time high). Maybe the parent poster is just overexaggerating?