May 19, 2016 / 12:29 PM / in 3 years

Deutsche Bank well prepared for all Brexit scenarios - CEO

Deutsche Bank CEO John Cryan addresses the bank's annual general meeting in Frankfurt, Germany, May 19, 2016. REUTERS/Kai Pfaffenbach - RTSEZ8Z

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) is prepared for any fallout from Britain’s vote on European Union membership scheduled for June 23, Chief Executive John Cryan said on Thursday.

“Through its current strong setup in Frankfurt and London, Deutsche Bank is well positioned to steer through possible short and long term consequences of a Brexit,” Cryan told the annual shareholders’ meeting of Germany’s biggest lender.

“We are prepared for all scenarios,” Cryan said in response to a shareholder question.

“We’ve looked at the risks and done our analysis,” he said, without giving further details.

Reporting by Jonathan Gould; Editing by Maria Sheahan

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