Allianz chief economic adviser Aelianus Deutsche Bank dilemma is not a Lehman moment 3u8547

By admin. Filed in Home Products & Services  |  
TOP del.icio.us digg

Allianz chief economic adviser Aelianus: Deutsche Bank dilemma is not "Lehman moment" U.S. stock market center: exclusive offer full industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time 7 days Bloomberg said, Allianz chief economic adviser Aelianus (Mohamed El-Erian) said that Deutsche Bank’s woes could pose a threat for Europe’s economic growth, but the danger is not after the collapse of Lehman brothers in 2008 global credit markets froze so serious. "This is not Lehman moment. This is not the case that ultimately leads to a global economic collapse, "El-Erian said in an interview with Bloomberg Television on Thursday. "Why? First, the rest of the banking system is stronger, especially in the United states. Second, Deutsche Bank has liquidity in fact, and access to the European Central Bank resources." Deutsche Bank shares this year to cut, because the market is worried about the costs of reconciliation with the regulatory authorities will weaken its financial strength, while the bank faces tougher capital requirements and transaction income decline. Bloomberg News reported last week that some hedge funds have reduced the exposure of financial risk in Deutsche bank. El-Erian said, there is uncertainty, especially the bank’s assets are difficult to assess. He said he hoped to see improvements in transparency. "If we don’t take it seriously, it will create another negative factor for growth in europe. Deutsche Bank needs a new business model." Editor: Wang Yongsheng SF153相关的主题文章:

Comments are closed.