Double stress test for Deutsche Bank boss Christian Sewing

Frankfurt The new year holds two challenges in store for Deutsche Bank: CEO Christian Sewing has twelve months to keep his two most important promises to investors: a return on tangible equity of eight percent and so much efficiency that the bank only has You have to spend 70 cents to earn one euro.

And as early as March Sewing had to convince investors at the bank’s investor day that the largest domestic financial institution will succeed even more in the next few years – because even if the institute achieves its goals for this year, it will still not earn its cost of capital .