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Christian Sewing

Deutsche Bank keen to play active role in European bank consolidation, says CEO Christian Sewing

Christian Sewing, chief executive officer of Deutsche Bank said the German lender's recent strong performance meant that the bank did not want to participate in mergers "just as a junior partner" despite the ongoing restructuring at the bank that will see it shed 18,000 jobs.

Pressure is growing to consolidate as the Covid-19 crisis and low-interest-rate environment have heightened the problems of banks already struggling with profitability

2 min read

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