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Deutsche Bank CEO says overhaul will take time

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BERLIN/FRANKFURT (Reuters) - Deutsche Bank's CEO on Thursday said an overhaul of the bank would take time but plans to turn around its performance were on the right track.John Cryan, speaking at a reception in Berlin, also warned the political vacuum that had developed in Germany was one of several "major risks" that the economy is currently facing.Germany's largest bank recently said it would report its third annual loss in as many years, raising questions about the bank's direction and Cryan's leadership."Now we are again being asked whether our business model can actually work," Cryan ...

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First Published: Fri, January 19 2018. 00:01 IST