Deutsche Bank’s Jain Sees ECB Running Out of Options
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Deutsche Bank AG co-Chief Executive Officer Anshu Jain said it’s up to governments to help shore up growth as the European Central Bank is running out of options.
“We’re coming to the end of how much further central banks can stimulate the European economy,” Jain, 51, said at a conference in Frankfurt today. “We need structural reform and we need credit creation. The imperative for structural reform is one the ECB has been harping on quite consistently.”