Deutsche Bank Co-CEO: ECB Keeping Some Banks Afloat With Cheap Money
Posted on November 19, 2012 at 09:09 AM EST
Deutsche Bank AG's (DBK.XE) Co-Chief Executive Juergen Fitschen Monday said some banks haven't found a sustainable business model and are only being kept afloat by cheap money provided by the European Central Bank, warning that this could cause a credit crunch if the ECB changes course.