John Cryan

Deutsche Bank Reported €6.8 Billion Loss in 2015 Due to Poor Performance and Litigation Cost

Deutsche Bank AG reported €6.8 billion ($7.2 billion) losses in 2015. As a result, co-CEO John Cryan and Juergen Fitschen announced on Thursday that the management board will not receive bonus.

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Facing sanctions, Deutsche Bank withdraws few services from Russia

Being faced with several odds in Russia, Deutsche Bank has decided to withdraw some of its services from Russia. The alleged share trading by Russian unit of Deutsche Bank has become subject to investigation in the US. The German bank may stop 90 percent of its banking services in Russia soon.

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