Deutsche Bank Chiefs Cite Government on Mistrust Issue, FAZ Says

  • Merkel government's implementation of liability rules an issue
  • Government's `solo efforts' make Germany a `special case'

Chancellor Angela Merkel’s government is partly to blame for market mistrust in Deutsche Bank AG because it spearheaded implementation of new liability rules for bondholders in a law passed last year, the lender’s Co-Chief Executive Officers John Cryan and Juergen Fitschen told the Frankfurter Allgemeine Zeitung.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.