Main content

Germany and ECB will not allow Deutsche Bank to fail.

Shares in Deutsche Bank have rebounded after its chief executive, John Cryan, reassured staff the bank is "strong" and blamed "forces in the markets" for trying to damage trust in the financial institution.

Investors are nervous about the viability of the German banking giant because it faces several challenges, notably a $14 billion fine in the US for misleading investors about the value of mortgage assets.

The influential British economist John Kay believes Deutsche Bank should be allowed to die, but the European Central Bank and German Goverment will keep it alive.

(Picture: Deutsche Bank headquarters in Frankfurt. Copyright: Getty Images.)

Release date:

Duration:

5 minutes