Trust us, we’re the bank
Posted by: Corbett B. Daly
Josef Ackermann, Chairman of the Institute of International Finance and the head of Deutsche Bank, says he’s confident leaders from around the world will take needed steps to bringing normality to the world’s struggling financial system.
“I am pretty sure that the governments will guarantee parts of the whole sale funding and that should actually tell people that there is no risk and you don’t lose money while investing in other banks and I think that is important,” the head of Germany’s largest bank said Sunday.
