Deutsche Bank Chief Executive John Cryan reported red figures. It's a record billion loss - the biggest in the history of the German bank. And there are many open questions as a closer look at the state of the bank reveals.
Germany's biggest lender has reported a slump in profits in the first quarter, with new CEO Christian Sewing announcing deep cuts at its flagship corporate and investment banking division, aimed at tackling its woes.
Germany's biggest lender has admitted to a massive erroneous transaction. Although the blunder didn't cause any damage as it was detected early enough, it raised fresh questions about the lender's risk management.
Deutsche Bank's new CEO has no time to lose. He has only one chance to get the embattled financial giant back on its feet. If he fails, Germany's biggest lender will be history, writes DW business editor Henrik Böhme.
After John Cryan's ouster, Germany’s biggest lender is getting a new boss. Who is Christian Sewing, and will he be able to restore Deutsche Bank’s dismal international reputation?
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