Deutsche Bank apologizes for misconduct in full-page German newspaper ads

Deutsche Bank AG, Germany’s largest lender, has apologized in full-page German newspaper ads for misconduct that has cost the company billions.

The ad, signed by CEO John Cryan on behalf of the bank’s top management, ran Saturday in the Frankfurter Allgemeine Zeitung and the Munich-based Sueddeutsche Zeitung.

The bank said its past conduct “not only cost us money, but also our reputation and trust.

http://www.theglobeandmail.com/report-on-business/international-business/european-business/deutsche-bank-apologizes-for-misconduct-in-full-page-newspaper-ads/article33904949/

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