Brightbridge Wealth Management Headlines: Deutsche Bank Glum on Economy
posted by maxaaron12 208 days ago under brightbridge wealth management, brightbridge wealth management zurich, brightbridge wealth management headlines-deutsche
ZURICH—Deutsche Bank AG’s Chief Executive, Josef Ackermann, Friday painted a bleak picture of the global economy, saying recent data suggest the world’s economy is on the brink of recession and that Europe and the U.S. will feel the effect of the current crisis for quarters to come.
“[Sentiment indicators] suggest that the global economy is on the brink of a recession,” Mr. Ackermann told the Swiss-American chamber of commerce in Zurich. “The European and the U.S. economies are at the heart of the financial crisis … and in our two continents the medium- to long-term fallout of this crisis will be felt most acutely.” » Brightbridge Wealth Management Headlines: Deutsche Bank Glum on Economy |
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