Deutsche Bank chief losing investors' patience and support
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Frankfurt
DEUTSCHE Bank AG chief executive officer John Cryan is losing the support of some investors just seven months into the bank's latest turnaround plan. Three of the 10 largest stakeholders of the bank, speaking on condition of anonymity, said that they want to see a turnaround in the next few quarters, particularly in the trading business, to continue to back the 56-year-old Briton.
Two said that, should Mr Cryan not be able to deliver by the annual shareholder meeting in May, an external candidate may be the best option to replace him.
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