Deutsche Bank’s CEO is doubling down on defense investment
Publishing timestamp: 2025-06-24 10:38:28
Summary
Deutsche Bank CEO Christian Sewing believes that Europe's determination to increase defense spending will stimulate innovation in the region. NATO members have agreed to hike defense spending to 5% of their GDP, leading to increased investment in the defense industry. European defense stocks have been performing well, with Deutsche Bank strategists raising their target price on Airbus. The European Investment Bank has also announced a loan to Deutsche Bank to facilitate financing for small and medium-sized businesses in the security and defense supply chain.
Sentiment: POSITIVE
Tickers: AIR-FR, .BBKA, RHM-DE,
Keywords: christian sewing, banks, deutsche bank ag, investment banking and brokerage, defense policy, defense contracts, airbus se, hensoldt ag, rheinmetall ag, renk group ag, aerospace and defense industry, markets, business news, eu, north atlantic treaty organization, defense,
Source: https://www.cnbc.com/2025/06/24/deutsche-banks-ceo-is-doubling-down-on-defense-investment.html