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Deutsche Bank preparing for a wave of European bank mergers, CFO says

September 22, 2020

Deutsche Bank’s finance chief said on Tuesday that Germany’s biggest lender was working hard to prepare for a coming wave of mergers in the banking sector.

“For Deutsche Bank DBK, +0.02%, we’ve been very focused on executing on our own strategy, and we think that strategy would prepare us to engage in merger activity when the time comes and the right opportunities arise,” James von Moltke told a Bank of America Securities conference.

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