Deutsche Bank’s CEO Cryan on the Hot Seat as Investor Patience Wanes

[kreslik.news]

Deutsche Bank’s (NYSE:DB) Chief Executive John Cryan has found himself back on the defensive as investor patience continues to wear thin. So far, the group’s latest turnaround and recovery plan has not garnered the desired traction, leading to speculation of his replacement by an external candidate.

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Cryan has been one of the more embattled CEOs in recent years with the German lender facing dire straits. The past two years has seen Deutsche Bank dramatically reduce its global staff, at one time portending ... (read more)