Deutsche Bank's Cryan Sees Better Revenue Opportunities in 2017

  • Chief executive cites economic recovery in Europe, U.S.
  • ‘We are focusing on our roots’ to restore growth, he says
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Deutsche Bank AG Chief Executive Officer John Cryan said there are more opportunities to increase revenue this year as Europe’s largest investment bank continues its turnaround plan.

“2017 is another year of restructuring even though in a better outlook,” Cryan told the bank’s shareholders on Thursday at the annual general meeting in Frankfurt. “We see better revenue opportunities, thanks additionally to a modest economic recovery in Europe and a modest U.S. economy.”