Deutsche Bank urges Korean financial markets to match its companies' global reach
Deutsche Bank said Korea needs to improve financial market accessibility and regulatory predictability to attract more global capital, as its world-class companies continue to underpin the country's investment appeal. In a recent exclusive interview with The Korea Times, Alexander von zur Muehlen, Deutsche Bank's CEO of Asia Pacific, Europe, Middle East & Africa and Germany, said "few economies…
Deutsche Bank's CEO of Asia Pacific, Europe, Middle East & Africa and Germany, Alexander von zur Muehlen, has urged Korean financial markets to enhance accessibility and regulatory predictability to attract more global capital. Speaking to The Korea Times, von zur Muehlen highlighted Korea's concentration of globally competitive companies in strategically important industries, emphasizing the need to match the company's global reach with the country's financial markets.
He suggested that greater openness, simplicity, and predictability in the financial markets could broaden international participation, noting that Korea has already taken steps towards this goal by introducing 24-hour foreign exchange trading and allowing foreign institutions to participate directly in its onshore foreign exchange market.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
