The CEO of Deutsche Bank reassured employees and markets that the company's finances were "rock-solid" as Europe's banks took another a beating in the stock market Tuesday.
Shares in Germany's biggest lender were down another 5 percent in afternoon trading in Europe. They're now down 23 percent since Jan. 28, the day bank reported a 6.8 billion euro ($7.5 billion) loss for 2015.
CEO John Cryan told employees in a message posted on the company's website that they can tell clients the bank's capital reserves and risk profile make it "rock-solid."
The bank's sagging shares reflect converging factors that are undermining bank shares across in Europe....