After having agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis, Deutsche Bank is now using the forum in Davos to try to clean up its tarnished reputation.
Chief Executive John Cryan has thus chosen an unusual angle today, by explaining to the audience that big banks are simply too complicated to manage properly rather than too big too fail.
John Cryan is known for his unu...
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