02-07-2025
Deutsche Bank Says Basel Capital Rules to Crimp Defense Finance
Deutsche Bank AG 's top risk manager has warned Europe against crippling lenders with so many rules that its legacy will be 'unfortunately, they didn't have tanks, but the banking regulation was really fair.'
Marcus Chromik, Deutsche Bank's new chief risk officer, told a Frankfurt banking conference that the European implementation of new global capital rules would frustrate banks' support for longer-term projects critical to defense.
