IMF Urges Deutsche Bank to Take Steps to Reassure Investors
- Deputy director says bank needs to show viable business model
- German lender also needs to address questions of legal risks
The Likelihood of a Deutsche Bank Bailout
This article is for subscribers only.
Deutsche Bank AG needs to take steps to convince investors it has a viable business model, a senior official for the International Monetary Fund said about the institution that it has deemed to be the biggest contributor to systemic risk.
The German lender also needs to address “issues of operational risk arising from litigation,” Peter Dattels, the IMF’s deputy director of monetary and capital markets, said Wednesday.