(Reporting by Kathrin Jones; Writing by Edward Taylor; Editing by Jonathan Gould) Deutsche Bank 's advisory board are to have a meeting on September 10th in Bavaria to discuss new restructuring plans , as well as hear views from its new CEO Paul Smith , following many months of uncertainty for the bank . Mr Cryan will become the sole CEO in September and has been asked to finalise a strategic plan to reduce complexity and take out costs , which the bank 's previous joint CEO 's failed to do . One source said , " We want to hear what he is planning . We are entering the critical phase now " .
Deutsche Bank 's advisory board are to have a meeting on September 10th in Bavaria to discuss new restructuring plans , as well as hear views from its new CEO Paul Smith , following many months of uncertainty for the bank . Mr Cryan will become the sole CEO in September and has been asked to finalise a strategic plan to reduce complexity and take out costs , which the bank 's previous joint CEO 's failed to do . One source said , " We want to hear what he is planning . We are entering the critical phase now " .