Deutsche Bank Tumbles After CEO Says Bank Won’t Be Profitable This Year
by Tyler Durden
ZeroHedge.com
03/16/2016
We suppose this shouldn’t come as a surprise to anyone since it emanates from the CEO of what could turn out to be the next Lehman, but the market isn’t so pleased with Deutsche Bank’s John Cryan, who on Wednesday delivered the latest bad news for the German behemoth when the CEO said the bank likely would not be profitable in 2016.
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