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“Social time bomb” in Europe and the role of Banking.

Europe Security News.- Dr Josef Ackermann says that the Banks have a social responsibility, because if this inequality increases in income distribution or weal.th distribution we may have a social time bomb ticking and no-one wants to have that.

The chief executive of Deutsche Bank has warned of a “social time bomb” from wealth and income inequality.

Josef Ackermann, who also heads the Institute of International Finance which represents the world’s banks, told the…READ MORE HERE