Josef Ackermann

The strong flows of international capital into emerging markets reflect a number of important trends. In addition to continuing significant read more

The strong flows of international capital into emerging markets reflect a number of important trends. In addition to continuing significant global economic growth, national authorities in numerous emerging market economies have improved economic policy management in recent years, which has led to greater growth, lower inflation and reductions in the ratio of public debt to GDP.

Consolidation is not a goal in itself and must bring an advantage for investors,

Consolidation is not a goal in itself and must bring an advantage for investors,

Maybe we are in a grace period.

Maybe we are in a grace period.

Our objective now is to sustain, over the cycle, this level of pretax return on equity and double-digit earnings per read more

Our objective now is to sustain, over the cycle, this level of pretax return on equity and double-digit earnings per share growth.

Today's uncertainties call for vigilance by the authorities in both mature and emerging market economies in pursuing sound economic policies. read more

Today's uncertainties call for vigilance by the authorities in both mature and emerging market economies in pursuing sound economic policies. Investors need to recognize the costly consequences of sudden reversals in global conditions that could impact the markets.