Andreas Dombret - Deutsche Bundesbank

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Last quote by Andreas Dombret

I'm not that worried about a systemic crisis at all. There are regions, there are sectors and there are certain banks in certain countries which are more exposed than others but it is not a system wide or country wide issue.feedback
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Sep 06 2017 Brexit
Andreas Dombret has been quoted 21 times. The one recent article where Andreas Dombret has been quoted is Banks shifting jobs from London post-Brexit need to act fast, German central bank official says. Most recently, Andreas Dombret was quoted as having said, “From the discussions I have, it is my clear impression that Dublin and Frankfurt are the two cities where there is most interest (from City lenders). We have received quite a number of applications. We encourage the banks to finalize their thinking, especially the ones that have not done so, and to really think where they want to move and how they want to move … Let's all not try to walk through the same narrow door in the 11th hour.”.
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Andreas Dombret quotes

Jan 20 2017

What we are interested in is that the single rule book prevails and that it doesn't really matter from a financial stability point of view whether banks who want to relocate, relocate to Frankfurt, Amsterdam, Paris or Dublin... it should make no difference.feedback

Jan 20 2017

I do understand why many banks are visiting supervisors, like myself, on a regular basis trying to find out what would we have to expect should we relocate let us say in that case to Frankfurt.feedback

Oct 20 2016

I would find it hard to believe that governments and taxpayers would stand behind a policy they have no control over. I would expect changes.feedback

Sep 30 2016

A certain weakening of trend growth in developed economies is unavoidable against the background of demographic developments.feedback

Sep 26 2016

Political support for the banking sector must finally come to an end - something that unfortunately I've only seen to a limited extent.feedback

Sep 26 2016

Crucially, we cannot discuss away the structural deficiencies of the banking sector.feedback

Sep 26 2016

So far, the emphasis has been put too strongly on the lack of adjustment in business models. Perhaps the answer is that the banking sector has simply become too large.feedback

Sep 26 2016

A lesson from the era of the dinosaurs is still true today: size is not a goal in itself. Neither is the size of a single bank a guarantee for their survival, nor can the size of the sector as a whole protect it from crises.feedback

Apr 18 2016

There are still many zombie banks that are kept alive for political reasons.feedback

Apr 18 2016

The Single Supervisory Mechanism and the Single Resolution Mechansim have to assert their power to use the new bail-in regime in order to restructure a stressed credit institution or ultimately wind down virtually insolvent banks.feedback

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