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Deutsche Bank Chief Says ECB Missed Exit From Negative Rates

  • CEO Sewing tells panel the policy is creating social rifts
  • Said he expects “one or the other” change under Lagarde
Christian Sewing at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 23. 

Christian Sewing at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 23. 

Photographer: Jason Alden/Bloomberg
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Deutsche Bank AG Chief Executive Officer Christian Sewing said the European Central Bank missed an opportunity to reverse its negative interest rates when the economy was strong, joining bank executives in stepping up criticism of policy makers ahead of their rate decision.