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.
German lender Deutsche Bank has presented its second-quarter earnings report, pointing to surging net and underlying profits. But Chief Executive John Cryan is unhappy about a drop in revenues across all divisions.
Deutsche Bank has surprised investors with a hefty surge in earnings in the first quarter. Germany's largest lender noted the result came amid deep restructuring after a series of scandals that had hit its reputation.
At its annual shareholder meeting, Germany's scandal-hit Deutsche Bank has said it's seeking to make former top managers pay for past mistakes. Investors want a bigger say in future capital increases.
Bailed-out Royal Bank of Scotland has reported huge net losses for 2016. The lender is still reeling from massive litigation and restructuring costs after being accused of mis-selling mortgage-based securities.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version