'Deutsche Bank faces collapse unless Merkel government intervenes'

'Deutsche Bank faces collapse unless Merkel government intervenes'
 

In a scathing critique of Germany's biggest lender, Stefan Müller, chief executive of research company DGAW, told CNBC: "Deutsche Bank doesn't realise that something serious needs to happen.
He also said that Deutsche's chief executive John Cryan showed he clearly "has no idea how to survive".
It comes as the troubled lender has shaken markets to their core this week.
Investors are worried the bank can't make enough profits amid low interest rates and the stagnating eurozone economy, when it also faces billions of pounds worth of legal fines and litigation costs.
And markets... read more

 
29 September 2016 in Business, Views: 50
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