Deutsche Bank chief sees signs of market recovery

Deutsche Bank chief executive Josef Ackermann said there were "encouraging" signs that financial markets were recovering after a global credit crisis, in comments published Saturday.
"I expect investors to return in the coming months, and for the markets to get back to normal," the head of Germany's largest bank told an edition of Der Spiegel magazine to appear Monday. The conditions were set, he said, "and we can already see the first encouraging signs in that direction".
Ackermann acknowledged in an interview Thursday that Deutsche Bank had "made errors" during the crisis, which was sparked by the collapse of the US market for high-risk mortgages, and its results would be affected. The comment prompted a strong response in the markets, as the banking sector had until then considered Deutsche Bank to have weathered the storm.