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Deutsche Bank nyse Db Not Yet Ready to Act on Bank Ma Cfo Says

Deutsche Bank (NYSE: DB) Not Yet Ready to Act on Bank M&A, CFO Says

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: ReutersReuters)