Deutsche Bank CEO says high profits now trigger 'red flags'

Frankfurt

DEUTSCHE Bank scrutinises high returns from any of its businesses to avoid the conduct issues that led to a series of scandals which contributed to a record 2015 loss, its chief executive said on Tuesday.

"We are focusing on new products that actually generate reasonably good returns on regulatory capital ... We try to target 12 to 20 per cent return on risk weighted assets," chief executive John Cryan said on an investor call.