Deutsche's Ackermann says Germany offers banks a 'comparative advantage'

Filed under: International markets, Politics, Financial Crisis

Is another round of continent-hopping banks (and bank services) up ahead? Perhaps, if the analysis of Josef Ackermann, CEO of Germany-based Deutsche Bank (DB) is accurate.

Ackermann said Germany has a "comparative advantage" over other financial hubs because it is not expected to tax bonuses as Britain and France have done, Bloomberg News reported Sunday.

Continue reading Deutsche's Ackermann says Germany offers banks a 'comparative advantage'

Deutsche's Ackermann says Germany offers banks a 'comparative advantage' originally appeared on BloggingStocks on Mon, 14 Dec 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=955910373cdadac6e42d39f0ed2b0bea