Deutsche Bank focussed on international corporate and capital markets

Deutsche Bank is firmly focused on being a top international corporate and capital markets player with strong roots in Germany, its Chief Executive John Cryan said on Wednesday.

"We are a universal bank," said Cryan, who has been criticised for not making his strategy clear since taking over the running of the bank last year.

Reuters reports that the British executive said Deutsche Bank has a strategy, it just needed to execute it more efficiently and tap into its long tradition of serving its clients, particularly German firms.

"Our core business will be international banking, international capital markets, rooted in Germany," Cryan said.

"It feels on the inside that our absolute core business – the backbone of Deutsche Bank - is GTB, global transaction banking - this is not solely focused on Germany," he added.

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Deutsche Bank CEO aims for universal bank with German roots

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