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Christian Sewing

Chief Executive Officer, Deutsche Bank Aktiengesellschaft (Deutsche Bank AG)

Search every verified Christian Sewing interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Christian Sewing, chief executive officer of Deutsche Bank, commented on market conditions and European investment during a Bloomberg Television interview in October 2026. He said that fears of an AI bubble are not justified, citing corporate profit generation, but added that ongoing geopolitical risks would lead to increased volatility and higher interest rates. Sewing also discussed a Deutsche Bank survey of non-European executives, stating that over 50% preferred Europe as an investment destination over the next five years, with Germany as the most preferred country, while describing the fiscal situation in France as concerning and likely to remain volatile until upcoming elections. In September and October 2026, Sewing spoke about German economic policy and political risks in interviews with BILD and Handelsblatt. He called for reforms to reduce bureaucracy, speed up regulation, and relax employment rules, and argued that Germany needs clear communication about necessary cuts to achieve long-term growth. Sewing described political extremes, including the AfD and possible expropriation discussions in Berlin, as a significant risk for Germany and not investment-friendly, noting that foreign investors had contacted him with concerns. He also expressed support for the government's proposed pension reform, including a capital-market-backed pension component, and said that Germany could achieve economic growth of about 1% in 2026 despite higher oil prices, expressing hope that a proposed EU exit would not occur.

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Verified interview transcripts

Notable quotes

“Look. Overall, I don't think that we are living in a bubble which is burst. To be honest, if I look at the profit generation of the companies globally, if I look at the first, results of the third quarter results of the various industries, not only banks, but but also others, I think, we we don't have to fear a bubble. Do we see the one or the other setbacks, also with individual companies? That can happen. And and t”

“No. I wouldn't say... And I wouldn't call it debt crisis at this point in time, but I think it's a it's a wake up call, in particular for public financing that budget disciplinary is key, that you need to have your budget in order. And and therefore, you know, yesterday, somebody very, very senior and very, very experienced said, the bond market is not lying, and and I agree with him. And and therefore, I do believe ”

“I was very clear about that. This is a significant risk for Germany and one should not downplay it. And whether it is Saxony-Anhalt regarding the AfD or the events here in Berlin, that is anything but conducive to business and anything but investment-friendly. And I can tell you, in the last two weeks after the last state elections and especially after the discussion of possible expropriation in Berlin, many foreign ”

“I think that we can reform this country, but it means clear communication and also that we honestly communicate the painful news that comes with it, but then also give the outlook that it is worth fighting for. And with this focus, with this communication, also with the discipline to follow through, we have turned Deutsche Bank around. But again, I think it is less complex than Germany.”

“I think the most important thing I can give to politics from my corporate experience is simply to stay the course. And it also means in this situation, we have to tell the population the truth about where we stand as a country, where we stand as a European continent. We have a clear goal to get there, which also means cuts, but then we will benefit from it in the longer term. And if we stick with it and don't immedia”

“I personally hope that this doesn't happen, to say that very clearly, because we are currently in a situation where Germany is again perceived as a country with potential. And as I just mentioned some figures, who would have thought in April or at the end of February, when the war in the Middle East began, who would have thought that despite this war, which has now been going on for over 5 months, Germany has a chanc”

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