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| Wednesday, 11 December 2013, 17:30 HKT/SGT | |
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Source: HKTDC | |
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| Video Interview with Supervisory Board Chairman Paul M Achleitner |
HONG KONG, Dec 11, 2013 - (ACN Newswire) - Regulation will dominate the banking industry for the next year and beyond, according to Dr Paul M Achleitner, Chairman of the Supervisory Board of Deutsche Bank AG, Germany's largest financial institution.
"Regulation will be the dominant factor and, frankly, the competitive factor in the banking industry," said Dr Achleitner, adding that this would be the case "not just for the next 12 months" but for a much longer period.
The banking executive is also positive about fundamental growth factors in Asia, noting that Deutsche Bank is very encouraged by the Chinese mainland's recently announced political and economic agenda.
Dr Achleitner made these and other comments in a video interview with the Hong Kong Trade Development Council (HKTDC) on 27 November. Dr Achleitner will be a speaker at the upcoming Asian Financial Forum, taking place 13-14 January in Hong Kong, and organised by the HKTDC and the Hong Kong SAR Government.
Watch this video at: http://youtu.be/ZOGbxhGsxEM
Contact:
Joe Kainz
Tel: +852 2584 4216
Email: joe.kainz@hktdc.org
Topic: Press release summary
Source: HKTDC
Sectors: Trade Shows
https://www.acnnewswire.com
From the Asia Corporate News Network
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