Josef Ackermann

Top German banker predicts early end to financial crisis

Deutsche BankFrankfurt - Josef Ackermann, chief executive of Deutsche Bank, stuck Wednesday to his optimistic prediction that the world financial crisis will be over soon.

His remarks at a conference in Frankfurt contrasted with the more pessimistic Eurozone outlook the same day in Brussels from European Central Bank President Jean-Claude Trichet.

Ackermann told a gathering organized by the German newspaper Handelsblatt that the end of the downturn was becoming more tangible: "We see a stabilization.