Deutsche Bank ready to play active role in financial consolidation - CEO

Sunday, 03. January 2021 02:50

Deutsche Bank CEO Christian Sewing (pictured) asserted the bank stands ready to play an active role in the European financial sector's recovery from the coronavirus crisis "and not just as a junior partner."

"That must be our claim, and that is also important for Germany," he said in an interview with WELT AM SONNTAG that was published on Sunday. Sewing noted that "for financial services, it would be a strategic mistake to depend primarily on imports" in battling the coronavirus crisis, adding that an "integrated capital market" is required for the European Union's transition towards the greener economy.

The bank recorded a "great demand during the crisis" and it is doing "more successfully than originally expected," the Deutsche Bank's head stated.

Related Links: Deutsche Bank AG
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