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Deutsche Bank more likely to consolidate at European level, deputy CEO says

Deutsche Bank more likely to consolidate at European level, deputy CEO says
FILE PHOTO: Karl Von Rohr, deputy CEO of Deutsche Bank, attends the bank's annual news conference in Frankfurt, Germany, February 1, 2019. REUTERS/Kai Pfaffenbach -
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KAI PFAFFENBACH(Reuters)
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FRANKFURT (Reuters) – Deutsche Bank <DBKGn.DE> is more likely to tie up with other banks at the European level, rather than at the national or global level, the lender’s deputy said on Monday.

“For us, consolidation will be more at the European level,” deputy chief executive officer Karl von Rohr said at a banking conference.

(Reporting by Tom Sims; editing by Thomas Seythal)

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