Consolidation in the banking industry could be advantageous, but the current conditions are not favourable, according to Deutsche Bank CFO, James von Moltke.
In an interview at the World Economic Forum in Davos, he stated that certain prerequisites need to be met for consolidation to occur.
This comes in response to reports that Deutsche Bank has been in discussions about potential deals with European lenders like Commerzbank AG and ABN Amro Bank NV, although von Moltke
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