Deutsche Bank boss Sewing: “There is no textbook for this crisis” – Economy

Interviewed by

Caspar Busse and Lisa Nienhaus

Christian Sewing has been in business long enough. He knows crisis. When the financial crisis broke out in Manhattan in 2008, he was a risk manager at Deutsche Bank. What’s going on in the economy right now, the current head of Germany’s largest financial institution also considers that to be unique. Nevertheless, Sewing, 52, appealed to caution during the rescue at the SZ economic summit: The current aid package is right, he says, but a permanent extension is not possible for Germany either.

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