September 26, 2018 / 9:22 AM / 3 months ago

Deutsche Bank CEO welcomes new political tone that supports banks

FILE PHOTO: Christian Sewing, new CEO of Germany's Deutsche Bank, speaks during the bank's annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach/File Photo

DUESSELDORF, Germany (Reuters) - Deutsche Bank’s (DBKGn.DE) chief executive on Wednesday said he welcomed the German government’s support for the nation’s financial sector.

Christian Sewing, the bank’s chief executive officer, said politicians from different parties in Germany had recently stressed the importance of big domestic banks with a presence abroad.

“We welcome this support,” he said at a conference.

Reporting by Matthias Inverardi; Writing by Tom Sims; Editing by Michelle Martin

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