Blackrock: Germany should put its savings to work through private markets

BlackRock's headquarters in Manhattan. Photo: IO.
BlackRock's headquarters in Manhattan. Photo: IO.
Germany should move its trillions of euros in savings out of banks and put them to work for its Mittelstand through private markets. That was the message from Philipp Hildebrand, vice chairman of Blackrock’s Global Executive Committee, on Thursday during the presentation of a report on the European private markets sector.
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