While Deutsche is a private sector bank, “the company management must of course ask what impression it leaves in public,” government spokesman Steffen Seibert told reporters
The report, titled Fixing the broken model, questions why someone with more substantial wealth has to pay more cash for the level of service received.
Speech by Robin Jones, Head of Technology, Resilience & Cyber at the FCA, delivered to the PIMFA Financial Crime Conference, London.
The Euro is predicted to firm against the Swiss franc, driven by strong economic fundamentals and lower political risk of the euro area, which reduces investor demand for the Swiss franc.
“Twenty-five years ago, in February of 1993, I took out a £100,000 (€115,000 $143,000) mortgage. I bought units in a unitised with-profits fund, and I was assured they would never go down,”
The unfortunate consequence is that respect for both the rules, and those that apply them, dries up.