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-DB-John Cryan's speech at the Annual Media Conference

Feb 05, 2018 - ENP Newswire

John Cryan's speech at the Annual Media Conference.

Let me come straight to the point. We made a loss again in 2017. Yes, it is the third reported loss in a row. However, I'd like to make clear that we recorded our first pre-tax profit since 2014. Excluding the non-cash charge we took as a result of US tax reform, I would instead be presenting you a net profit of almost 1 billion euros today, after a loss of 6.8 billion euros in 2015 and of 1.4 billion euros in 2016.

A warm welcome f...