Private banking CEO roundtable participants
PdW, Deutsche The fear of a European banking crisis and of a subsequent global recession has cast a shadow on the financial markets. There is a lot of fear among investors, which is leading them to be more conservative. Deutsche Bank is, however, perceived as being a strong bank, so we have seen a flight to quality, with some movement of clients from southern European banks seeking relationships with northern European banks.
TK, Barclays On the plus side, clients have needed us more for advice and creativity, but on the negative side, transaction flows have decreased because there is no question that clients are more cautious. The crisis has underpinned the need for regional balance and geographic diversity because at points the investment...
