the pros and cons of market versus bank-based systems, this paper investigates whether the main elements of the German … economy and society and more robust to crises. It is shown that the old German bank-based system, where the risk of long …

In early July 2019, Christian Sewing, the CEO of Deutsche Bank, proclaimed a fundamental shift of the bank's strategy … time. The essential point of the reorientation is a deep cut into the bank's investment banking activities. At the same … time, those parts of the bank's activity portfolio that had been the mainstay of Deutsche Bank's business 20 to 25 years …