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Deutsche Bank CEO Urges Accelerated German Economic Reforms and Deregulation of Employment

Investing.com ·

DB Deutsche Bank AG
$32.80 -1.62%
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  1. 1Deutsche Bank CEO Christian Sewing criticized the slow pace of German economic reforms.
  2. 2Sewing proposed lowering the $202,000 salary threshold related to certain employment protections.
  3. 3Sewing expressed concern regarding the political impact of recent German state elections.

So what's the key point?

The head of Deutsche Bank said the pace of changing the German economy is too slow. He argued that employment-related standards should be lowered to stimulate the economy.

Source Investing.com · View original ↗

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