German Economy Minister accuses Deutsche Bank of speculation



German Economy Minister Sigmar Gabriel accused Deutsche Bank (DBKGn.DE) on Sunday of crying foul of speculators even though he said the bank had itself pushed a business model based on speculation.
"I did not know if I should laugh or cry that the bank that made speculation a business model is now saying it is a victim of speculators," Gabriel told reporters on a plane to Iran, which he is visiting with a business delegation.
He added that he was worried about those who were employed by the lender.
Deutsche, which is Germany's largest bank and employs around 100,000 people, has... read more

 
2 October 2016 in Business, Views: 75
Source: Reuters
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