Deutsche Bank's new CEO Cryan seeks to steady nerves

jeudi 11 juin 2015

CFO of Swiss bank UBS Cryan addresses a news conference in ZurichDeutsche Bank's (DBKGn.DE) top managers have met with the bank's new chief executive John Cryan this week as he works hard to keep them on board, at least for now, following Sunday's shock announcement that he would replace Anshu Jain in July. Deutsche Bank's chairman Paul Achleitner and departing co-CEO Jain have also offered executives assurances that their positions are secure, signaling no other immediate changes, bank insiders told Reuters. Germany's largest bank, headquartered in two mirrored towers in Frankfurt, is in the middle of a major restructuring dubbed "Strategy 2020" which will involve cutting back its investment banking operation and selling its Postbank retail banking unit, while fortifying wealth management and transaction services.




Deutsche Bank's new CEO Cryan seeks to steady nerves source: http://finance.yahoo.com/news/deutsche-banks-ceo-cryan-seeks-175834256.html

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