Banking association President Hans-Walter Peters on the US election

4 November 2020

“The international community looks to the US with concern. Unfortunately, the elections have yet to produce a clear result. We sincerely hope that we will soon have clarity and that the new administration will quickly be able to start work in these difficult times under the shadow of coronavirus. The important thing now is that both winners and losers accept the outcome of this democratic election and then try to reunite the country. Prolonged uncertainty is toxic for the economy, capital markets and banks.”

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