Deutsche Bank co-CEO touts securitisation

06/20/2013 | Bloomberg

Banks must be allowed to resume repackaging loans to provide more credit to the economy, Deutsche Bank co-CEO Juergen Fitschen says. "We have to stop damning securitisation," Fitschen said. "We need this instrument again to mobilise capital." Fitschen also supports developing a joint deposit mechanism in the euro area to stabilise the banking system.

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