Business

‘Deutsche Bank may play key role in consolidation’needs

Deutsche Bank is gaining in financial strength, putting Germany’s largest lender in a position to play a leading role in European banking consolidation, CEO, Christian Sewing, was quoted on Sunday as saying. “We continue to do better and therefore meet the criteria to sit at the table when it comes to a possible consolidation of the European banks – and not just as a junior partner,” Sewing told Welt am Sonntag in an interview, according to Reuters.

Sewing, who is pursuing a long-term drive to boost earnings power at Deutsche after years of underperformance, has consistently said that his priority was to complete a turnaround by 2022. Talks on an all-German banking merger with Commerzbank failed in 2019 and, with a stock market value of just 18 billion euros ($21.9 billion), Deutsche would be an affordable target for a more richly valued potential acquirer. Sewing played up the bank’s strategic importance for Europe’s largest economy and top exporting nation, however, and said his restructuring drive was bearing fruit.

“It would be a mistake to rely on imports of financial services,” said Sewing. “Every quarter in which we are successful makes us stronger.” Earnings and costs in its private and corporate business were absolutely on track, he added, and Deutsche’s investment bank has outperformed expectations.

 

TRY IT TONIGHT!!! ---

 

Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days...

   

CLICK HERE FOR FULL DETAILS.

 

%d bloggers like this:
Fake Richard Mille Replica Watches, www.richardmille.to The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica