The head of Deutsche Bank warned that the economic environment remains uncertain, especially after the defeat of the Italian Prime Minister Matteo Renzi in the referendum on constitutional revision.
"The result of the constitutional referendum in Italy is a harbinger of new turmoil may spread from the political arena to the economy - in Europe particularly at risk," says John Krai in a letter to employees posted today on the Deutsche Bank website .
The Krai also states that Deutsche Bank has not yet concluded negotiations with the US Department of Justice, which has called for $ 14 billion. To settle allegations that the bank had sold a misleading way securitized subprime loans. The Krai added that can not report details the progress of the talks.
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