Oct 23, 02:10 PM

Deutsche Bank CFO James von Moltke Explores Domestic Acquisition Amid US and China Trade Pressures

Deutsche Bank Chief Financial Officer James von Moltke indicated that the bank is exploring options for acquiring a domestic competitor, although such a move would not occur immediately. He emphasized the need for European banks to become more agile and competitive, particularly in light of changing trade relationships with the US and China, which he described as an important aspect of the post-election landscape. Meanwhile, analysts noted that both Deutsche Bank and Barclays are facing challenges in keeping pace with US peers, particularly in the investment banking sector, and may need to pursue more mergers and acquisitions (M&A) and equity deals to enhance their competitiveness.

#Deutsche Bank #James von Moltke #European #US #China #Barclays

Written with ChatGPT (GPT-4o mini).

Sources

Reuters Breakingviews@Breakingviews
1 year ago
Barclays’ investment bank slog gets welcome push - @aimeedonnellan - https://t.co/iUp7MMcrvv https://t.co/UAdn62xlTH
Bloomberg@business
1 year ago
Barclays and Deutsche Bank both need to chase more M&A and equity deals to catch up with their US peers, writes @PaulJDavies https://t.co/6B7y4qrFAV via @opinion
Bloomberg Opinion@opinion
1 year ago
Barclays and Deutsche Bank both need to chase more M&A and equity deals to catch up with their US peers, writes @PaulJDavies https://t.co/jnw2PS3AQh

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