Deutsche Bank scraps dividend for two years, sets financial goals

October 28, 2015 7:37 PM

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FRANKFURT Oct 28 Deutsche Bank is scrapping this year's and next year's dividends as new Chief Executive John Cryan overhauls Germany's biggest bank to restore growth and put past scandals behind it.

The lender said on Wednesday it was targeting a capital ratio of at least 12.5 percent from the end of 2018.

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