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Deutsche Bank CEO calls for European digital and banking integration

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Deutsche Bank CEO calls for European digital and banking integration

Deutsche Bank CEO calls for European digital and banking integration
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RALPH ORLOWSKI(Reuters)
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FRANKFURT (Reuters) - Deutsche Bank's <DBKGn.DE> chief executive on Friday urged Europe to renew efforts to cooperate, calling on politicians to create a programme for digital innovation with the aim of fostering European platforms that would compete against those in the U.S. and China.

Chief Executive Officer Christian Sewing, speaking at a banking conference in Frankfurt, also said Europe must accelerate plans for a banking and capital markets union.

Europe is "now gambling with its future", said Sewing, who said he was "so concerned" about a standstill in policy integration.

(Reporting by Tom Sims; Editing by Michelle Martin)

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