John Cryan

Deutsche Bank chairman John Cryan to hold call with board over CEO: Sources

Achleitner has invited the supervisory board to an "Update Call", the sources said on Saturday on condition of anonymity, adding the possibility of a major announcement could not be ruled out.

Deutsche Bank lags rivals with quarterly loss

FRANKFURT (Reuters) - Deutsche Bank fell further behind its Wall Street rivals in 2016, lagging their strong rebound in bond trading in the last three months of the year and increasing pressure on CEO John Cryan ahead of an expected strategy update this spring.

Deutsche Bank calls for patience after loss

Troubled German banking giant Deutsche Bank today asked for patience after reporting its second annual net loss in a row, saying it was laying the foundations for durable success in the future.

Deutsche Bank posts Q3 profit, hikes legal provisions

Deutsche Bank hiked the amount of money it has set aside to cover the legal bill for its numerous missteps of the past. Litigation reserves rose to 5.9 billion from 5.5 billion euros at the end of June.

Deutsche Bank forced into rethink as strategy overhaul stutters

The organisational change, launched in October last year by the then new chief executive John Cryan, aimed to slash costs by cutting staff, overheads and selling off some non-core businesses at Germany's largest lender.

German economy minister slams 'irresponsible' Deutsche Bank

German Economy Minister Sigmar Gabriel has lashed out at Deutsche Bank's handling of its troubles, saying "irresponsible" managers had put thousands of jobs at risk.

Deutsche Bank CEO tries to reassure staff as shares plunge

However, Deutsche shares fell almost eight percent to another record low, adding to the sense of crisis around the bank triggered by a USD 14 billion demand from the US authorities for misselling mortgage-backed securities.

The Deutsche Bank crisis: How we got here, and where we are

On Thursday, a Bloomberg report raised concerns that a handful of funds are less willing to do business with the struggling firm. The report, citing a source and review of an internal document, said that a small number of the hedge funds that do derivatives business with the German bank have cut their exposure.

Deutsche Bank chief calls for mergers in Europe

John Cryan's remarks will likely spur further discussion about the future of the struggling bank, although he was quick to throw cold water on reports that Deutsche examined a merger with Commerzbank - which is partly owned by the German state.

Deutsche Bank's Q2 net income plunges nearly 100% year on year

Its second-quarter net income was down 98 percent from the same period in the previous year, to 20 million euro (USD 22 million), while revenues were down 20 percent to 7.4 billion euro.

Deutsche Bank Asia Pacific CEO quits

John Cryan, Chief Executive of Deutsche Bank AG announced 54-year-old Chadha's decision to leave the bank after spending 13 years in various capacities, including nearly a decade as the chief executive of India, in an e-mail to employees.

Deutsche Bank net profit down 58% at $267 million

The group posted a revenue decline of 22 percent year-on-year to 8.1 billion euros which it said "reflected a challenging environment and the impact of strategic decisions to downsize and exit certain businesses."

Deutsche Bank flexes financial muscle with mega bond buyback

The group said it would repurchase up to USD 5.4 billion of its own outstanding bonds, adding that its liquidity position is comfortable enough to carry out the buyback.

Deutsche Bank says has cash to pay risky debts

In a short statement late yesterday and subsequently in a letter to employees, the bank -- whose shares have plummeted by nearly 40 percent since the beginning of the year -- said that it is financially "rock solid" and has more-than-sufficient means to pay coupons on its riskiest debt both this year and next year.