Deutsche bank CFO says has sustainably cut costs in 2018
FILE PHOTO: The logo of Deutsche Bank is seen in front of one of the bank's office buildings in Frankfurt, Germany, October 27, 2016. REUTERS/Kai Pfaffenbach/File Photo
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
DUESSELDORF (Reuters) – Deutsche Bank <DBKGn.DE> had sustainably cut costs in 2018, the lender’s finance chief said on Friday.
The days that Deutsche has missed its cost targets are a thing of the past, Chief Financial Officer James von Moltke said at a New Year’s reception.
“We have our costs under control,” he said.
(Reporting by Matthias Inverardi; Writing by Tom Sims; Editing by Riham Alkousaa)