Deutsche Bank boss urges faster progress on European capital market

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DPA

The chief executive of Deutsche Bank has called for urgent progress to be made towards the unification of Europe’s capital markets. Speaking to a conference in Germany’s banking capital Frankfurt, Christian Sewing outlined the need to reduce the remaining bureaucratic hurdles between the individual states of the European Union in order to give companies more opportunities to raise money. Consumers should also have more opportunities for cross-border investments, he said. He described a common European capital market as “the prerequisite for us to succeed in the transformation to a sustainable …

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