Deutsche Bank CEO: 2010 To Be Another Challenging Year For Bks

Date : 11/20/2009 @ 8:39AM
Source : Dow Jones News
Stock : Deutsche Bank AG (ADS) (DB)
Quote : 73.36  -0.74 (-1.00%) @ 7:58PM
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Deutsche Bank CEO: 2010 To Be Another Challenging Year For Bks

FRANKFURT (Dow Jones)

Next year, 2010, will be "another year with a lot of challenges" for the banking sector," Deutsche Bank Chief Executive Josef Ackermann said Friday.

Speaking to reporters on the sidelines of a banking conference, Ackermann said the weaker real economy "will have an impact on the loan books" of banks.

-By Ulrike Dauer and William Launder, Dow Jones Newswires; +49 69 29725 500; ulrike.dauer@dowjones.com

 
 

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