09-02-2016 18:09 via news.yahoo.com

Deutsche Bank says has cash to pay risky debts

Deutsche Bank, Germany's biggest lender, on Tuesday tried to reassure investors and staff that it has sufficient cash to pay its riskiest debts as its shares took a another hammering along with banking stocks around the world. Deutsche Bank's new chief executive, John Cryan, who was brought in to steer the group out of its current woes, acknowledged in the letter to employees that volatility on the stock markets was having an impact on earnings. "Volatility in the fourth quarter impacted the ear
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