John Cryan is facing increasing scepticism he can revive growth at Deutsche Bank as the lender struggles to win back clients and market share after last years slump.
Deutsche Bank had its long-term credit grade cut one level by Fitch Ratings late Thursday, which said the lender will take longer to revive growth under a turnaround plan unveiled in March.
That came a week after Autonomous Research said the lender may be beyond repair unless theres a miracle boom at its once-mighty bond-trading business.
Mr Cryan is struggling to boost earnings as the Frankfurt-based lender undertakes its third revamp in as many years. The chief executive brought the bank back from the brink in late 2016 by settling misconduct lawsuit…
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