Resolution to euro crisis will be found: Deutsche Bank

A resolution to the problems engulfing the euro will be found as the costs of it collapsing are unacceptably high, but there may be major problems along the way, Deutsche Bank's co-CEO designate said on Thursday.

"We are therefore positive that a resolution will be found, but there is real risk of an accident in the meantime, and the path will be uncertain and markets will remain volatile," Anshu Jain, the German lender's global head of the corporate and investment bank, said in his prepared remarks for a conference in Singapore. Jain, who was making his first speech since being named co-CEO from next year, said the euro's problems were making investors more careful about lending to the region's banks. "A failure to resolve the current crisis expeditiously has led investors, including the prime US money funds, to take a more cautious attitude towards their funding of European banks," he said.