DEUTSCHE’S NEW CEO HINTS AT FURTHER CUTS TO BANK – Deutsche Bank’s new chief executive, @Christian Sewing, has stated that the bank will have some non-negotiables this year. Sewing in a memo to his staff said “we’ll have to further adapt our revenue, cost and capital structure”. Further on in the memo to his staff, Sewing also made a commitment to the bank’s cost cutting targets for 2018, “Our adjusted costs must not exceed €23 billion in 2018. This is non-negotiable, the new leadership team will not accept this.” #SpartanInternational