European Banks Have Weathered Crisis, Deutsche Bank CEO Sewing Says

Credit Suisse’s Final Days: The Race to Avert a New Banking Crisis
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The European banking industry has withstood the challenge posed by the crisis sparked in March, Deutsche Bank AG Chief Executive Officer Christian Sewing said.

“The past weeks were a test for the European financial industry - but we weathered it well,” Sewing said at a press conference on Monday, where he was speaking in his role as head of the German banking lobby BDB.