Deutsche Bank is considering John Cryan, the former finance chief of UBS, as a potential replacement for co-Chief Executive Anshu Jain should he be implicated in an ongoing investigation into currency manipulation, a German magazine reported on Wednesday.
Reuters reports that the supervisory board of Deutsche Bank is discussing who could replace Jain, the former head of investment banking, as regulators probe suspicions that a number of global banks improperly influenced benchmark foreign exchange prices, Manager Magazin reported in the summary of an article to appear in its upcoming issue.
'We don't comment on speculation and gossip,' a Deutsche Bank spokesman said in reaction to the report.
There is no suggestion the Jain has been involved in any wrongdoing.
To access the complete Reuters article hit the link below: