Deutsche Monetary institution favoring Christian Stitching as new CEO to replace John Cryan

Thomas Lohnes | Getty Photos

Management board member of Deutsche Monetary institution Christian Stitching speaks to the media at Deutsche Monetary institution headquarters on October 29, 2015 in Frankfurt, Germany.

Deutsche Monetary institution tapped Christian Stitching to be its new chief government, the bank announced on Sunday, confirming popular speculation that John Cryan would be modified.

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