In an interview with the Bild newspaper, the president of the Deutsche Bank, John Cryan, ruled out on Wednesday have called for help to the chancellor of Germany, Angela Merkel, for the State to help the bank overcome its problems. Cryan also said that, for the moment, is not facing a large capital to face the difficulties.
The interview is an attempt to Cryan by clearing the rumors that emerged through the press, which ensure that Merkel would have rejected rescue of the Deutsche Bank, which has resulted in a decline in the price of the bank’s shares on the stock exchanges. The state aid “has not been on the table," said the executive, who stressed that “at no time have I requested the assistance of the chancellor," and not even what has been suggested. “Not what we are proposing", he reiterated.
Without understand how someone can even think that they made this request of help, Cryan so reinforces the statements of the same chancellor, who on Tuesday responded to the press regarding this issue stating that “I just want to say that Deutsche Bank is a part of the banking system and the financial sector German. And of course we hope that all companies, if you are facing temporary problems, they can go in the right direction."
Problems in united States. The problems of Deutsche Bank rose after the Department of Justice of the united States to raise a fine of US$ 14,000 millions for your business with dubious mortgages. The fine, linked to the real estate business carried out between 2005 and 2007, is a “first proposal of agreement", which assumes Cryan, has generated “a lot of concern".
“But from the beginning it has been clear that we will not pay that sum," said the executive, who is confident that u.s. authorities will provide to the Deutsche Bank the same “fair treatment" that has been given to the banks of that country with which it has concluded agreements. About the plans to cut up to 9,000 jobs, 4,000 of them in Germany, Cryan was limited to noting that is still the plan.
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