Investors Want Deutsche Bank's Achleitner Out

The transcript discusses Deutsche Bank's challenges, focusing on its business model and regulatory environment. It highlights the need for a transition from a trader-focused bank to a more sustainable model. The potential for mergers and acquisitions, particularly involving Commerzbank, BNP, and UniCredit, is explored. The discussion concludes with an analysis of future consolidation trends in the banking sector, emphasizing domestic consolidation in Germany and Italy before cross-border mergers.

What is the significance of consolidation in the banking sector according to the text?

What political issues are affecting the banking consolidation process in Germany and Italy?