UK Markets closed

Negative Rates Warning: Deutsche Bank Criticizes ECB Policy

Nov.06 -- Deutsche Bank AG President Karl von Rohr discusses the challenge that low interest rates pose to Europe's financial industry. "With inflation factored in, the result is a creeping erosion of our European customers' assets, and this doesn't in any way take into account the wealth destruction in the pension systems," Rohr said Wednesday at Bloomberg’s Future of Finance conference in Frankfurt.