Deutsche Bank CEO does not expect German banks to need bailouts
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BERLIN (Reuters) - The chief executive of Deutsche Bank does not expect German banks will need to be bailed out because of the coronavirus pandemic like they were during the financial crisis, he said on television on Wednesday."We are really dealing with stable banks in Germany," said Christian Sewing, the German lender's chief executive, noting how banks' balance sheets had been reduced and equity capital increased since the financial crisis in 2008/2009."We have more than 200 billion (euros)..