Deutsche Bank's new CEO, John Cryan, is to focus on India and China as the bank's main targets for their 2020 strategy plan, according to ﻿sources. He is also looking to cut costs by €200bn by reducing its number of countries or local presences by 10%-15%. The bank has already announced plans to close a quarter of its global offices in India, which will be done over two years from now.
Deutsche Bank's new CEO, John Cryan, is to focus on India and China as the bank's main targets for their 2020 strategy plan, according to ﻿sources. He is also looking to cut costs by €200bn by reducing its number of countries or local presences by 10%-15%. The full details of the strategy are due to be revealed in October.