November 6, 2019 / 9:54 AM / 7 days ago

Deutsche Bank welcomes German government proposal on European banking union

The headquarters of Germany's Deutsche Bank are photographed in Frankfurt, Germany, July 8, 2019. REUTERS/Kai Pfaffenbach

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) on Wednesday welcomed a German finance ministry proposal to strengthen the European banking union, the lender’s deputy said.

Deputy Chief Executive Officer Karl von Rohr, speaking at a banking conference in Frankfurt, said he hoped the paper “receives a good hearing in Brussels”.

Reporting by Tom Sims; editing by Thomas Seythal

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