deutsche bank 01Deutsche Bank’s CEO Struggles With Overhaul


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By Jenny Strasburg in London and

Madeleine Nissen in Frankfurt

On his first day as co-chief executive of Deutsche Bank AG , John Cryan sent a letter to employees outlining what he said were the “tough challenges” the company was facing. “I am not going to tell you that all will be sweetness and light in the coming months,” he wrote. “There will be ups and downs.”

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