FRANKFURT, March 17 (Reuters) - Fears around private credit will persist but they don't amount to a systemic risk, CEO Christian Sewing said on Tuesday. At the same time, the CEO of Germany's largest
Deutsche Bank CEO Says Private Credit Noise Will Persist Without Systemic Risks
Deutsche Bank's Perspective on Private Credit and Financial Outlook
CEO's View on Private Credit Risks
FRANKFURT, March 17 (Reuters) - Fears around private credit will persist but they don't amount to a systemic risk, CEO Christian Sewing said on Tuesday.
At the same time, the CEO of Germany's largest bank said the lender was strict about its underwriting in the sector and the bank hasn't "lost one cent in private credit".
Systemic Risk Assessment
"I don't think that private credit...is a systemic risk. But I'm also not saying that the noise level will end quickly," Sewing told a financial conference.
Underwriting Standards and Future Outlook
"It really depends on how your underwriting standards are. And therefore, I think private credit will be with us for the next foreseeable future. But at the end of the day, it depends on the way you underwrite," he added.
Recent Developments in Deutsche Bank's Private Credit Portfolio
Last week, Deutsche Bank disclosed details on its private credit portfolio and highlighted risks to the headline-grabbing sector.
Financial Performance and Revenue Projections
Meanwhile, Sewing said that the lender's revenue was looking to be "flattish" in the first quarter of 2026.
He said trading revenue at the investment bank division could be "potentially a little bit lower", hurt in part by unfavourable exchange rates.
(Reporting by Tom SimsEditing by Madeline Chambers)
