Deutsche Bank’s CEO John Cryan Again Shoots Down Merger Talk

[kreslik.news]

Deutsche Bank’s 2017 agenda has soldiered forth despite some headwinds from US regulators. Despite being in the midst of a multi-year restructuring plan, the bank’s CEO John Cryan firmly shot down any talks of a potential merger deal, citing other initiatives that the lender will focus on.

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Detusche Bank has also engaged in multiple capital increases over the past few years, which has served as fuel for its broad-based restructuring strategy. Its most recent efforts have seen a $8.5 billion capital increase, prompting talks of potential mergers. However, Mr. Cryan shot down these rumors, explaining “We ... (read more)