Asset managers sanguine on Deutsche Bank woes

Bank’s troubles seen as unlikely to trigger wider banking crisis

Deutsche Bank
Deutsche Bank may need to raise more capital

Asset managers are playing down fears about the knock-on effects of Deutsche Bank's recent troubles.

"The good news is… this isn't Lehman. This isn't 2011 with Greece and some of the other euro issues," said Rebecca Patterson, chief investment officer at Bessemer Trust Company, a wealth manager with more than $100 billion in client assets.

"We've had a lot of clean-up since then. A lot of Deutsche Bank's challenges have been extremely well publicised in the media, so investors are aware of it

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here