German reg' chief sees no systemic crisis looming

On the 05.13.20 at 7:53AM


Adrien Paredes-Vanheule

BaFin's president Felix Hufeld said credit institutions will "urgently need to work on their business models" once the crisis is over.
Felix Hufeld, president of BaFin

Felix Hufeld, the president of German financial market authority BaFin, on Tuesday delivered a speech on the current situation of local financial institutions when presenting the regulator's 2019 annual report.

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