FIRST AIRED: June 2, 2016

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00:00:00
a new chief executive and a troubled big bank john cryin appointed as the new c. e. o. and deutsche bank in the aftermath of the shock resignation of the german group's co chief executives over the weekend fifty four year old cryin a british citizen is no stranger to big banks he was former chief financial officer at swiss bank u. b. s. and already serves on deutsche bank supervisory board cry and will replace ex c. e. o. on shoes jane who will leave at the end of the month and the console c. e. o. when the banks either leader juergen fiction with steps down next year in a written statement cryin said there is a lot of work to be done in coming up with a new strategy for the bank one which would reduce complexity and impress clients deutsche bank has been struggling to restore its image tarnished by a raft of regulatory and legal problems they include probes into alleged manipulation a benchmark interest rates , tax evasion and money laundering