On 12 September, Cryan “made it unambiguously clear” that Deutsche Asset Management was still a core part of the business and was not being sold.
In a message to employees Cryan addressed speculation about alleged mergers and sales plans and urged Deutsche Bank staff to “not allow yourself to become distracted”. He wrote: “There is one rumour in particular that I would like to dispel by making it unambiguously clear that Deutsche Asset Management is, and will remain, an essential part of our business model.”
