James von Moltke, CFO of Germany's Deutsche Bank is pictured in Frankfurt, Germany, February 2, 2018. REUTERS/Ralph Orlowskisees the logic that there should be consolidation in the European banking sector and the task in hand is to prepare for that outcome, Chief Financial Officer James von Moltke said on Thursday.
"We see the industry logic that there should be consolidation in European banking," he said in response to a question. Deutsche Bank has been repeatedly linked to a possible tie-up with a leading Swiss bank, but Chief Executive Christian Sewing has consistently said that a turnaround plan he launched in 2019 should first bear fruit.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Southeast Asian economies will recover 'much slower' due to Covid: Asian Development BankThe Asian Development Bank lowered its growth forecast for the region to 3.1% for 2021, from its previous forecast of 4.4%. The mental health crisis associated with the covid 19 pandemic is causing a lot of havoc. Here's a look inside the current health crisis and the mental health problems associated which nobody wants to talk about. mentalhealth COVID19AB HealthyLiving
Source: CNBC - 🏆 12. / 72 Read more »
Investment bank picks U.S. and global stock ‘winners’ to beat uncertaintyBerenberg analysts named the stocks they expect to do well, regardless of economic or political uncertainty, including companies in tech, retail and autos.
Source: CNBC - 🏆 12. / 72 Read more »
Evergrande crisis will hurt China’s economic growth, says former central bank advisorA default by Evergrande will have minimal effect on the Chinese financial system, said Li Daokui, a former advisor at the People's Bank of China. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens1 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success Who. Cares.
Source: CNBC - 🏆 12. / 72 Read more »
Norway hikes rates, becoming the first central bank in the developed world to do soAfter cutting rates three times in 2020, Norway's central bank unanimously decided to raise rates to 0.25% from zero. good luck
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse’s Archegos Disaster Exposes Cracks in Bank RegulationWhen Archegos blew up, it saddled Credit Suisse with $5.5 billion in losses. One reason investors and regulators were blindsided: a gap in the regulatory oversight of big international banks.
Source: WSJ - 🏆 98. / 63 Read more »
Fed Tees Up Taper and Signals Rate Rises Possible Next YearCentral bank officials are preparing to reverse pandemic stimulus programs as soon as November, while new projections showed half of 18 officials expect to raise interest rates by the end of 2022. about time. Yeah .. of course. My father is Santa Claus. Yes, we got stimulus checks but gas, food prices etc soared. So in the big picture we didn’t gain much. I missed out on the 600 ck hope when I file my taxes by 10/15 I can at some point get it
Source: WSJ - 🏆 98. / 63 Read more »