FRANKFURT – Deutsche Bank (NYSE: DB) still has some work to do before it can participate in European banking consolidation, the lender’s finance chief said on Wednesday.
Chief Financial Officer James von Moltke, speaking at a financial conference, said there was logic to banking mergers and acquisitions “at the right time”, but that Deutsche Bank still had work to do before acting on it.
(Source: Reuters)
Zabih Ullah is a seasoned finance writer with more than ten years of experience. He is highly skilled at analyzing market trends, decoding economic data, and providing insightful commentary on various financial topics. Driven by his curiosity, Zabih stays updated with the latest developments in the finance industry, ensuring that his readers receive timely and relevant news and analysis.