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Montevideo, April 18th 2024 - 16:22 UTC

Tag: John Cryan Deutsche Bank CEO

  • Monday, April 9th 2018 - 08:22 UTC

    Deutsche Bank sacks Brit CEO amid continued losses

    Co-deputy chief executive Christian Sewing will take over the role with immediate effect.

    Deutsche Bank has dismissed its British-born chief executive John Cryan amid continued losses at Germany's biggest lender. Co-deputy chief executive Christian Sewing will take over the role with immediate effect. Since Mr. Cryan began the job in 2015, there have been a series of scandals as well as three years of reported losses.

  • Tuesday, September 27th 2016 - 08:07 UTC

    Deutsche bank in danger zone: shares down 50% this year and sliding

    Focus, which cited “government circles”, said the government had made it clear that Deutsche Bank will not receive any bail out

    Shares in Deutsche Bank were down sharply after a report that the German government won’t intervene with U.S. officials who are pressing the bank to pay US$14 billion to settle an investigation into its sales of mortgage-backed securities. The bank’s shares closed down 7.5% at 10.55 Euros on Monday after the Friday report from Focus magazine.