Geopolitical clash could still spark market incident, Deutsche Bank CEO warns

Investors should not make the mistake of thinking markets will react to another ramping up of geopolitical tensions in the same way they are currently reacting now, Deutsche Bank CEO Christian Sewing has said.

“My biggest fear is that there is one more geopolitical escalation, and that can happen pretty quickly, and the markets at some point in time actually give up their calmness, and then you have a market event,” Sewing said. The banking chief’s comments come as global markets have stayed relatively still following Hamas’ attack on Israel on Oct. 7 and Israel’s subsequent attack on Gaza over recent weeks.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank CEO cautions Texas against punishing companies for investment decisions  The CEO of the country’s largest bank warned recent actions by Texas officials might make it more difficult for cities and counties to raise money for new…
Source: NBCDFW - 🏆 288. / 63 Read more »

Banking chiefs say market vulnerable to 'geopolitical escalation', regulatory pushTop global banking chiefs on Tuesday said they are concerned the financial sector's next crisis may come from rising geopolitical uncertainty which could test financial market resiliency, while the industry remains vulnerable to regulatory tightening.
Source: Reuters - 🏆 2. / 97 Read more »