Monday, September 5, 2011

DEUTSCHE BANK AG CEO SAYS SEES GLOBAL GROWTH OF AROUND 2.5 PERCENT
SAYS MARKET VOLATILITY WILL REMAIN FOR AS LONG AS THERE IS INSECURITY ABOUT THE PATH TO REDUCING DEBT
SAYS THE FUTURE OF GROWTH OF EARNINGS IN FINANCIAL SERVICES LOOKS LIMITED
SAYS LIMITED GROWTH OPPORTUNITIES IN EUROPE WILL LEAD TO EXPANSION IN REGIONS OUTSIDE EUROPE
SAYS THE DEBT CRISIS, REGULATION WILL MAKE IT MORE DIFFICULT FOR EUROPEAN BANKS TO RAISE REVENUES
SAYS SOVEREIGN DEBT CRISES ARE NOT EASY TO RESOLVE QUICKLY
SAYS SOME MARKET PLAYERS HAVE UNREALISTIC EXPECTATIONS ABOUT HOW TO RESOLVE SOVEREIGN DEBT CRISIS
SUGGESTIONS ABOUT FORCIBLE RECAPITALISATION OF BANKS NOT USEFUL, OR JUSTIFIED
SOME EUROPEAN BANKS WOULD NOT SURVIVE HAVING TO REVALUE ALL SOVEREIGN DEBT AT MARKET LEVELS
SAYS FORCED RECAPITALISATION OF BANKS WOULD SEND THE SIGNAL THAT POLITICS HAS LOST FAITH IN EXISTING MEASURES
SAYS IF TREND IN MARKETS FROM AUGUST CONTINUES IN SEPTEMBER OCTOBER NEED TO THINK ABOUT COST CUTTING MEASURES
SAYS STILL AIM TO WIN MARKET SHARE, HAVE ALREADY TAKEN MANY MEASURES TO KEEP COSTS DOWN
SAYS HAS PIIGS EXPOSURE OF AROUND 3 BILLION EUROS, REMAINS AGAINST EURO BONDS

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