Deutsche Bank CFO Has One More Item on Wish List for Regulators

July 15, 2020, 10:36 AM UTC

Deutsche Bank AG praised regulators for rushing to help Europe’s lenders in the pandemic, but said there was one thing on its wish list that didn’t make the cut: suspending contributions to region’s fund for winding down failed banks.

Postponing such payments by a year would have freed up about 9 billion euros ($10.3 billion) of capital that banks could have used to support lending, James von Moltke, Deutsche Bank’s chief financial officer, said Wednesday at a virtual panel discussion.

James von Moltke
Photographer: Alex Kraus/Bloomberg

While such a measure was discussed and the German government was open to moving back contributions by one ...

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