Deutsche Bank boss John Cryan is looking for ways to return the firm to profitability Chinese conglomerate HNA has overtaken Blackrock to become Deutsche Bank’s biggest shareholder after increasing its stake in the firm to nearly 10%. HNA became a major shareholder in Europe’s largest investment bank after acquiring a 4.8% stake in March. Its … Read more
Chuck Jeannes’ shadow is seen on the wall while he delivers a speech at the annual general meeting Deutsche Bank (DBKGn. DE) will be free to focus on a new growth strategy instead of devoting most of its energy to cleaning up past mistakes, Chief Executive John Cryan said after settling its most costly legal … Read more
The world’s biggest investment banks saw combined revenues sink by 15 per cent in the first half of this year, the most since the aftermath of the financial crisis, underlining the urgency of taking radical measures to boost returns to shareholders. The second quarter saw more activity than the first, where there were simultaneous falls … Read more