Deutsche insists Covid-19 won’t derail ‘bad bank’ wind-down

Lender actively seeking buyers for remaining derivatives portfolios ahead of 2022 target, says CRO


The uncertainty hanging over global markets should not affect Deutsche Bank’s efforts to sell off the remaining parts of its non-core business ahead of a self-imposed 2022 deadline, according to Stuart Lewis, the lender’s chief risk officer.

“I don’t think the coronavirus will imperil the 2022 wind-down target, since that’s a fair amount of time to get through the work required,” says Lewis.

Deutsche announced a major restructuring in July 2019, as part of new chief executive Christian Sewing

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: