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Deutsche Bank CEO says government help 'out of the question' – business live

Discussion in 'Market News' started by Lily, Sep 28, 2016.

  1. Lily

    Lily Forum Member

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    All the day’s economic and financial news, as Germany’s biggest lender insists it doesn’t need fresh capital

    8.01am BST

    The boss of Deutsche Bank has insisted that his company will not need government help, as the crisis swirling around Germany’s largest lender intensifies.

    “At no point did I ask the chancellor for support. Neither did I suggest anything like that.”

    “It was clear from the beginning that we would not pay this sum.

    The Department of Justice will treat us with the same fairness as American banks that have already agreed on a compromise.”

    7.45am BST

    Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

    On the agenda today....

    Related: RBS pays £846m fine to US regulator for role in 2008 banking crisis

    Our European opening calls:$FTSE 6810 +0.03%
    $DAX 10382 +0.20%
    $CAC 4403 +0.10%$IBEX 8690 +0.01%$MIB 16150 +0.10%

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