Deutsche Bank eyes payment systems, including Wirecard: Handelsblatt
Reuters
Published Jul 03, 2020 04:44AM ET
BERLIN (Reuters) - Deutsche Bank (DE:DBKGn) is on the lookout for expansion opportunities in the area of payments systems, the lender's strategy director said in response to a question about the lender's interest in Wirecard's (DE:WDIG) assets.
"We are one of the largest banks in payment transactions worldwide ... So if there are opportunities here to strengthen ourselves, we will look into them," Deutsche's Fabrizio Campelli told Handelsblatt newspaper in an interview published on Friday.
Campelli said the bank was optimistic that it could cut adjusted costs to 19.5 billion euros this year, adding that it was on track with the planned 18,000 job cuts by 2022, as part of a turnaround scheme announced last year.
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Written By: Reuters
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