Deutsche Bank bullish about future

Deutsche Bank is strong and its turnaround strategy is bearing fruit, chairman Paul Achleitner has said, ruling out the need for state aid and playing down speculation that the loss-making German bank should merge.

Deutsche Bank bullish about future

Deutsche Bank is strong and its turnaround strategy is bearing fruit, chairman Paul Achleitner has said, ruling out the need for state aid and playing down speculation that the loss-making German bank should merge.

In an interview with the Frankfurter Allgemeine Sonntagszeitung, Mr Achleitner added that he would not step down after a tough year in which Deutsche replaced its chief executive, was targeted in money laundering probes, and saw its share price halve.

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