Deutsche Bank more likely to consolidate at European level, deputy CEO says

FAN Editor
FILE PHOTO: The financial district with the headquarters of Germany's largest business bank, Deutsche Bank , is photographed on early evening in Frankfurt
FILE PHOTO: The financial district with the headquarters of Germany’s largest business bank, Deutsche Bank, is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach/File Photo

November 18, 2019

FRANKFURT (Reuters) – Deutsche Bank <DBKGn.DE> is more likely to tie up with other banks at the European level, rather than at the national or global level, the lender’s deputy said on Monday.

“For us, consolidation will be more at the European level,” deputy chief executive officer Karl von Rohr said at a banking conference.

(Reporting by Tom Sims; editing by Thomas Seythal)

Free America Network Articles

Leave a Reply

Next Post

Tata Steel plans to cut jobs across European operations

FILE PHOTO: A worker is seen at the Tata steel plant in Ijmuiden, Netherlands April 3, 2019. Picture taken April 3, 2019. REUTERS/Yves Herman November 18, 2019 LONDON (Reuters) – Tata Steel <TISC.NS> plans to cut jobs across its European operations as it wrestles with excess supply and high costs, […]