Politics · Germany · 6 hrs ago
Deutsche Bank chief says German state election results worry investors
Christian Sewing is the chief executive of Deutsche Bank.
He said recent state election results in Germany are worrying foreign investors.
The elections were held at the state level.
His comments link political results in Germany with concern among investors from abroad.
The statement does not say which election results caused concern or why.
It gives no details about what investors may do next.
Deutsche Bank chief executive Christian Sewing said recent German state election results could worry foreign investors.
He warned that investors may see state-level political gains as reflecting Germany as a whole.
The AfD made major gains in eastern Germany, while the Left won Berlin’s municipal government election.
Sewing said the political developments were not conducive to economic growth or investment.
He urged Chancellor Friedrich Merz’s government to continue reforms to revive the economy.
- Who
- Christian Sewing, chief executive of Deutsche Bank, warned about the election results.
- What
- He said the results could concern foreign investors and pose a risk to Germany.
- When
- The comments were published on October 11, 2026, and referred to state elections held the previous month.
- Where
- Germany, including Saxony-Anhalt, Mecklenburg-Western Pomerania and Berlin.
- Why
- Sewing said foreign investors may view state-level political gains as reflecting Germany as a whole.
This story does not have two clearly opposing sides.
This represents a significant risk for Germany and should not be minimized
You cannot expect a foreign investor to immediately distinguish between a state government and Germany as a whole
This is seen as Germany as a whole and I think, from the investor's point of view, that is understandable
This is far from conducive to economic growth. And it is far from favorable to investment
The AfD came close to winning an absolute majority in Saxony-Anhalt’s state parliament.
The AfD won first place in Mecklenburg-Western Pomerania.
The Left won its biggest-ever result in Berlin’s municipal government election.
- Bank
- Deutsche Bank
- Chief executive
- Christian Sewing
- AfD result
- Came close to an absolute majority in Saxony-Anhalt’s state parliament
- AfD result
- Won first place in Mecklenburg-Western Pomerania two weeks later
- Left result
- Its biggest-ever victory in Berlin’s municipal government election
Sources
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