Deutsche Bank making progress on turnaround: ECB source
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FILE PHOTO: The head quarters of Germany's largest business bank, Deutsche Bank, is photographed in Frankfurt, Germany, December 6, 2017. REUTERS/Kai Pfaffenbach/File Photo
FRANKFURT (Reuters) - Deutsche Bank
"The bank has been making good progress over the past year to address its regulatory concerns," the source said, requesting anonymity due to the sensitivity of the matter.
The European Central Bank is Deutsche Bank's top supervisor.
"The bank now has a tighter management team, good capital and liquidity, and supervisors are reassured by the plans they see," the source said.
(Reporting by Andreas Framke; Writing Douglas Busvine; Editing by Edward Taylor and Edmund Blair)
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