Deutsche Bank chief executive Christian Sewing said the bank is willing to play an active role in European bank mergers in the latest example of senior executives at some of the continent’s largest lenders talking up consolidation in the sector.
Sewing told German newspaper Welt am Sonntag that the German lender’s recent strong performance meant that the bank did not want to participate in mergers “just as a junior partner” despite the ongoing restructuring at the bank that will see it shed 18,000 jobs.
