The co-chiefs of of Deutsche Bank are to step down.
Anshu Jain and Juergen Fitschen had been under pressure from investors to do so after a series of problems hit the bank.
Cryan, 54, has been on the bank’s supervisory board since 2013 and was a former chief financial officer of UBS.
Deutsche Bank had been embroiled in a legal battle with the Kirch media group and was hit with a 2.3 billion euro fine over Libor manipulation in April.
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