Deutsche Bank sees delays in cost cut plans in 2018

Thomas Lohnes | Getty Images

John Cryan, CEO of Deutsche Bank

Deutsche Bank on Friday warned on costs for 2018, citing delays in some business disposals, even as Germany’s largest lender said it expects revenues to rise for the full year.

“We currently do not expect the planned 900 million euros of cost savings to materialize in 2018,” the bank said in its annual report for 2017.