Deutsche Bank is hoping to strike a deal with US authorities to reduce a proposed fine for selling toxic mortgage-backed securities.
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?
Once again, Deutsche Bank has a new man at the helm. Once again, it’s hoped that his appointment will make everything better. The task he is facing? Nothing less than staving off collapse, says DW's Henrik Böhme.
Germany's biggest lender is looking to eject its CEO amid intensified boardroom tension due to the inability of the scandal-hit institution to put an end to its long list of troubles, the Times newspaper reports.
Deutsche Bank (DB) is expected to oust British CEO John Cryan and replace him with the German head of the private and commercial banking division. Germany's biggest lender has experienced three years of losses.
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