Thursday, Oct 6, 2022
International Finance

Tag : European banking system

Banking

Deutsche Bank failure may bring down European banking system

Angela Merkel is not expected to bail out the bank IFM Correspondent December 21, 2016: A senior financial analyst has claimed that if Deutsche bank is allowed to fail it may bring down the entire European banking system. Ewen Cameron Watt, a senior director at investment managers Blackrock Investment Institute, told CNBC: “If Deutsche Bank...