BERLIN (Reuters) - The German government on Wednesday declined to comment on reports that lender Deutsche Bank (DBKGn.DE) has begun searching for a new chief executive.
“Deutsche Bank is a private company. I’ll therefore refrain here from doing any speculation...,” government spokesman Steffen Seibert said during a news conference.
Two people familiar with the matter told Reuters on Tuesday that Deutsche Bank’s chairman of the board, Paul Achleitner, is looking for a new CEO to replace John Cryan as investors grow frustrated with the slow turnaround of the loss-making German lender.
Reporting by Michael Nienaber, editing by Thomas Escritt