March 28, 2018 / 12:32 PM / 8 months ago

Berlin declines to comment on reports Deutsche Bank seeking new CEO

BERLIN, March 28 (Reuters) - The German government on Wednesday declined to comment on reports that lender Deutsche Bank has begun searching for a new chief executive.

"Deutsche Bank is a private company. I'll therefore refrain here from doing any speculation...," government spokesman Steffen Seibert said during a news conference.

Two people familiar with the matter told Reuters on Tuesday that Deutsche Bank's chairman of the board, Paul Achleitner, is looking for a new CEO to replace John Cryan as investors grow frustrated with the slow turnaround of the loss-making German lender. (Reporting by Michael Nienaber, editing by Thomas Escritt)

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