Trust in Financial Mkts Not Back to Normal -Deutsche Bank CEO

Date : 10/29/2009 @ 5:51AM
Source : Dow Jones News
Stock : Deutsche Bank AG (ADS) (DB)
Quote : 75.22  0.54 (0.72%) @ 8:00PM
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Trust in Financial Mkts Not Back to Normal -Deutsche Bank CEO

BERLIN -(Dow Jones)- Trust in financial markets hasn't returned to adequate levels, Deutsche Bank AG (DB) Chief Executive Josef Ackermann said Thursday.

There are reasons to be optimistic, Ackermann said, but the road to recovery remains "bumpy."

"The situation is fragile," Ackermann told an industry conference in Berlin. "Definite setbacks are possible," he added.

-By Patrick McGroarty, Dow Jones Newswires; +49 30 28 884 128; patrick.mcgroarty@dowjones.com

 
 

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