Deutsche Bank XE:DBK CEO Christian Sewing has said the risk culture in the banking sector has “completely changed” since the 2008 crash as he argued moves to lift caps on bankers bonuses will not lead to excessive risk-taking. Speaking at the Global Banking Summit in London on Wednesday, Sewing said “the risk culture… of all banks around the world, completely changed” as he dismissed the example of Credit Suisse as an “exception” to a global shift towards more risk-averse thinking. “The…
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Deutsche Bank XE:DBK CEO Christian Sewing has said the risk culture in the banking sector has “completely changed” since the 2008 crash as he argued moves to lift caps on bankers bonuses will not lead to excessive risk-taking. Speaking at the Global Banking Summit in London on Wednesday, Sewing said “the risk culture… of all banks around the world, completely changed” as he dismissed the example of Credit Suisse as an “exception” to a global shift towards more risk-averse thinking. “The…
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