June 24, 2016

John Cryan statement on the UK's EU referendum result

“I’m afraid that this is not such a good day for Europe. At this stage, we cannot fully foresee the consequences, but there’s no doubt that they will be negative on all sides. As a bank headquartered in Germany and with a strong presence in the UK, we are well prepared. However, there’s no doubt that the uncertainty created by the referendum’s results will be a challenge.

Let me add a personal note: I am a strong supporter of the European project, which has brought peace and prosperity for more than 50 years. As a Briton and a European, it especially saddens me that Europe has obviously lost its attractiveness for many of my fellow countrymen. It’s a clear signal to the EU to get closer to its people and to strengthen democracy.”

John Cryan’s statement is also available as a video.

High resolution audio (mp3) and video files (mov) are available on request.