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Deutsche Bank well prepared for all Brexit scenarios - CEO

Published 19/05/2016, 13:29
© Reuters. Deutsche Bank CEO Cryan addresses the bank's annual general meeting in Frankfurt
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FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) is prepared for any fallout from Britain's vote on European Union membership scheduled for June 23, Chief Executive John Cryan said on Thursday.

"Through its current strong setup in Frankfurt and London, Deutsche Bank is well positioned to steer through possible short and long term consequences of a Brexit," Cryan told the annual shareholders' meeting of Germany's biggest lender.

"We are prepared for all scenarios," Cryan said in response to a shareholder question.

© Reuters. Deutsche Bank CEO Cryan addresses the bank's annual general meeting in Frankfurt

"We've looked at the risks and done our analysis," he said, without giving further details.

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