Banking tradition has ‘utterly modified’ since 2008, Deutsche Bank CEO says

Deutsche Bank XE:DBK CEO Christian Sewing has mentioned the chance tradition within the banking sector has “completely changed” because the 2008 crash as he argued strikes to elevate caps on bankers bonuses won’t result in extreme risk-taking. 

Speaking on the Global Banking Summit in London on Wednesday, Sewing mentioned “the risk culture… of all banks around the world, completely changed” as he dismissed the instance of Credit Suisse as an “exception” to a worldwide shift in the direction of extra risk-averse pondering.

“The…

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