Deutsche Bank appoints new head after CEOs resign
Mr Cryan has been on the bank’s supervisory board since 2013 and was a former chief financial officer of UBS. He will replace Jain from July 1 and become the sole CEO when Fitschen steps down next year, the bank said.
Deutsche Bank declined to comment on the resignation offers. Deutsche Bank has struggled to restore an image tarnished by regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering.
