BREAKING NEWS
This content is not available in your region

Deutsche Bank CEO says bank cooperating with German prosecutors

Deutsche Bank CEO says bank cooperating with German prosecutors
Deutsche Bank CEO Christian Sewing attends the 28th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 16, 2018. REUTERS/Ralph Orlowski   -   Copyright  RALPH ORLOWSKI(Reuters)
Text size Aa Aa

DAVOS (Reuters) – The chief executive of Deutsche Bank, Christian Sewing, said on Wednesday the lender had the biggest interest in cooperating with German prosecutors who searched its offices in November as part of an investigation into money laundering allegations.

Sewing said the bank had done nothing wrong and was cooperating with prosecutors.

Asked in an interview with Die Zeit on the sidelines of the World Economic Forum in Davos about a possible tie-up with domestic rival Commerzbank, Sewing said: “I have a real task ahead of me, (to) bring back profit to Deutsche Bank.

“That’s my main task, anything else is beyond what I am thinking about.”

(Reporting by Jessica DiNapoli; writing by Silvia Aloisi; Editing by Mark Trevelyan)

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.