Deutsche Bank has suffered a record quarterly loss. John Cryan announced what tough measures would be taken and how he plans to revitalize Germany's largest bank.
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.
US Democrats have asked German lender Deutsche Bank to provide detailed information about the loans it provided to Donald Trump when he was not yet US president and whether they were guaranteed by Russia.
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.
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.
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