It's good news. Ackermann has made good progress at the bank, such as meeting his goal to boost return on equity. Still, he has got an image problem in the German public.
More Quotes from Peter Braendle:
If interest rates and oil really begin to rise, it would be a problem for stocks. At the current levels, I'm not too worried. The markets and companies can manage.Peter Braendle
The large majority of investors are following this situation closely but are not too concerned, otherwise the market might react in a much more dramatic way.
Peter Braendle
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