Germany’s Business Chiefs Back Deutsche Bank Amid Mounting Woes

(Bloomberg) Leaders of Germany’s biggest companies rallied behind Deutsche Bank AG, saying in newspaper interviews that the lender now facing a hefty U.S. fine and a court fight in Italy is crucial for the country and its businesses in a globalized world.

In interviews with Frankfurter Allgemeine Sonntagszeitung, leaders of DAX corporations, including Daimler AG, Munich Re, Siemens AG and Deutsche Boerse AG, underscored that nationality still plays an important role when it comes to the choice of lenders.

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