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Deutsche Bank boss warns crisis could kill weak banks

7 years ago33 views

Europe's sovereign debt crisis will cut bank's profits for years and could even kill off some of the weakest ones. That warning has come from the head of Germany's biggest lender - Deutsche Bank. Josef Ackermann told financial industry bosses that many European banks could go under if they are forced to accept reduced repayments of their loans to euro zone governments. ... http://www.euronews.net/

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