Markets Magazine
Can John Cryan Save Deutsche Bank From Itself?
Despite a legacy of troubles and now questions about Trump, the CEO says the worst is behind Deutsche. His overhaul could be the $1.9 trillion lender’s last, best chance.
John Cryan looks happy, maybe too happy.
The chief executive officer of Deutsche Bank AG, clad in a crisp gray suit, is sipping a macchiato on the 34th floor of the lender’s headquarters in Frankfurt. He’s just returned from a trip to the U.S., where he spoke at an investor conference in New York and visited technology companies in San Francisco. For the first time in months, Cryan says, he wasn’t peppered with questions about the litany of legal scandals that have bedeviled Germany’s No. 1 bank.