The co-CEOs of Deutsche Bank tendered their resignations, Sunday, paving the way for the appointment of Briton John Cryan to head up Germany's largest lender. Footage shows a retail branch of DB located close by to Berlin's Potsdamer Platz. Joint CEOs Juergen Fitschen and Anshu Jain will stay on in their positions until May 19, 2016 and June 30, 2015, respectively. "Their decision to step down early demonstrates impressively their attitude of putting the bank’s interests ahead of their own," Paul Achleitner, chairman of the Supervisory Board of Deutsche Bank, said in a statement, without elaborating. Cryan, a chief financial officer of UBS from 2008 to 2011, has been on Deutsche Bank’s Supervisory Board since 2013. He will resign from that role once he begins his duties as sole CEO of the German bank.
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