FRANKFURT, March 17 (Reuters) - Deutsche Bank AG:
* CEO says makes no sense to ban cds trading
* CEO says speculators are not cause of Greek crisis
* CEO says need systemic market regulation, for markets as a whole
* CEO says sensible to have long transition times for new capital rules, to cut
costs
* CEO says need to prevent markets that enable sick financial institutions to
infect healthy ones
* CEO says mustn't artificially limit bank size, big economies need big banks
* CEO says regulators need to question bank business models and refinancing
methods
* CEO says regulators need to be able to force banks to restructure
* CEO says system needs a crisis stabilisation fund
* CEO says all changes in rules are irrelevant if regulators are not qualified
to implement them
* CEO says pace toward creating pan-European regulatory body needs to be
accelerated
* CEO says stabilisation fund must be supported by state at first, in order to
achieve needed size
* CEO says during crisis failure was not rescue of failed banks, it was the
orderly winding down of failed banks
* CEO says does not see big chance of success for volcker proposals, even if
they come, will have limited impact
* CEO says European proposals to change capital requirements for trading book
could be advantage for U.S. banks
* CEO says trend in regulation is divergent not convergent regarding accounting
standards
((Frankfurt Newsroom; +49 69 7565 1272))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* CEO says makes no sense to ban cds trading
* CEO says speculators are not cause of Greek crisis
* CEO says need systemic market regulation, for markets as a whole
* CEO says sensible to have long transition times for new capital rules, to cut
costs
* CEO says need to prevent markets that enable sick financial institutions to
infect healthy ones
* CEO says mustn't artificially limit bank size, big economies need big banks
* CEO says regulators need to question bank business models and refinancing
methods
* CEO says regulators need to be able to force banks to restructure
* CEO says system needs a crisis stabilisation fund
* CEO says all changes in rules are irrelevant if regulators are not qualified
to implement them
* CEO says pace toward creating pan-European regulatory body needs to be
accelerated
* CEO says stabilisation fund must be supported by state at first, in order to
achieve needed size
* CEO says during crisis failure was not rescue of failed banks, it was the
orderly winding down of failed banks
* CEO says does not see big chance of success for volcker proposals, even if
they come, will have limited impact
* CEO says European proposals to change capital requirements for trading book
could be advantage for U.S. banks
* CEO says trend in regulation is divergent not convergent regarding accounting
standards
((Frankfurt Newsroom; +49 69 7565 1272))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.