Deutsche Bank must convince investors that its business model is viable, says IMF Investing.com Brazil

WASHINGTON (Reuters) – Deutsche Bank needs to convince investors that its business model is viable, said a senior official of the International Monetary Fund said on Wednesday, amid concerns about the financial soundness of the bank.

“The Deutsche Bank… is among the banks that need to continue to adjust to convince investors that your business model is feasible to the front and has dealt with issues of operational risk arising from litigation,” said Peter Dattels, deputy director in the IMF monetary and capital markets, in a collective interview.

The largest bank in Germany has been engulfed by a crisis of confidence after the Department of Justice of the United States states that he must pay up to 14 billion dollars to resolve charges sales misleading of mortgage-backed securities in the us before the financial crisis.

(Reporting by Lesley Wroughton and David Lawder)

Statement of Risks: Fusion Media would like to remind you that the data contained in this website is not you do not have permission for real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.