U.S. Markets closed

Deutsche Bank's CEO vows to bring 'pride back,' finds support among Davos leaders

Spriha Srivastava

In the past few years, the bank has made headlines for all the wrong reasons — from settlements with the U.S. Department of Justice, to management reshuffles, weak earnings, constant restructuring, merger speculation and steep stock price falls. Praising Deutsche Bank CEO Christian Sewing's efforts with in his turnaround plans, Barclays CEO Jes Staley said he's doing the right thing. Shares of Deutsche Bank are up nearly 14 percent since the start of this year.