Deutsche Bank CEO seeks key role in banking consolidation


Deutsche Bank said last month that a trading rally that lifted revenue last year will help boost growth through 2022.

DEUTSCHE Bank AG Chief Executive Officer Christian Sewing wants Germany’s largest lender to play an active role in a possible consolidation of Europe’s financial services industry, he told Welt am Sonntag in an interview.

The performance of the Frankfurt-based bank has been steadily improving, and that’s why the company isn’t willing to be a junior partner if mergers and acquisitions are discussed, Sewing told the Sunday paper.

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