ICYMI: At the Global Banking Summit in London late last year, Deutsche Bank CEO Christian Sewing argued that banking culture had "completely changed" since the Global Financial Crisis.
Dismissing Credit Suisse as an exception, Sewing asserted that "all banks around the world" had changed their culture. "The risk culture and the mindset of the people changed," Sewing said. “In my view, the clear majority of the CEOs of banks now have a long-term view of stable income streams.”
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