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Analysis: Deutsche Bank's new CEO takes sober look at 'ugly' investment bank

Reuters  |  FRANKFURT 

By Tom SimsFRANKFURT (Reuters) - Deutsche Bank's new chief executive faces the same strategic problem that has long preoccupied its top management - whether or not to override the rainmakers and big earners at its powerful investment bank to shrink that business.Christian Sewing's appointment as chief executive on Sunday and the abrupt departure of his predecessor John Cryan holds out the prospect of radical change at Germany's flagship lender, which has been slower than rivals to reform after the financial crash. Sewing expects to complete an initial review of Deutsche's investment bank ...

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First Published: Mon, April 09 2018. 23:10 IST
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