DEUTSCHE BANK CEO SAYS ON GREECE: IF CONTAGION SPREADS THE CRISIS COULD BE BIGGER THAN LEHMAN
NEED TO STABILISE GREEK DEFICIT BEFORE OTHER OPTIONS ARE CONSIDERED
NEED TO CONSIDER TAKING EQUITY STAKES AS PART OF A BAIL-IN SOLUTION FOR BANKS
SAYS LOOKING AT SOVEREIGN RISKS IS TOO NARROW A WAY OF LOOKING AT IT
SAYS NEED TO CONSIDER IMPLICATIONS VIA CREDIT DEFAULT SWAPS USED TO HEDGE EXPOSURE
SAYS WE DO NOT HAVE TRANSPARENCY OVER THE RISKS IN THE MARKET
WHETHER THE CDS RISKS ON GREECE OF AROUND 5 BLN ARE EVENLY DISTRIBUTED IS UNKNOWN
WOULD SUPPORT THE CREATION OF A EUROPEAN RATING AGENCY
NEED TO STABILISE GREEK DEFICIT BEFORE OTHER OPTIONS ARE CONSIDERED
NEED TO CONSIDER TAKING EQUITY STAKES AS PART OF A BAIL-IN SOLUTION FOR BANKS
SAYS LOOKING AT SOVEREIGN RISKS IS TOO NARROW A WAY OF LOOKING AT IT
SAYS NEED TO CONSIDER IMPLICATIONS VIA CREDIT DEFAULT SWAPS USED TO HEDGE EXPOSURE
SAYS WE DO NOT HAVE TRANSPARENCY OVER THE RISKS IN THE MARKET
WHETHER THE CDS RISKS ON GREECE OF AROUND 5 BLN ARE EVENLY DISTRIBUTED IS UNKNOWN
WOULD SUPPORT THE CREATION OF A EUROPEAN RATING AGENCY
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