Deutsche Bank Preparing For Wave Of Industry Deals

This year, however, has seen major domestic bank tie-ups in Italy and Spain, with bankers saying regulators are now more willing to wave deals through.

Deutsche’s chief financial officer James von Moltke said the bank supported the “appropriate or valid industrial logic” of mergers among the region’s larger banks.

“For Deutsche Bank, we’ve been very focused on executing on our own strategy, and we think that strategy would prepare us to engage in merger activity when the time comes and the right opportunities arise,” von Moltke said at a financial conference.

“So we are expecting this wave but we are also working hard to prepare on our side,” he said.