Deutsche Bank CEO says bank must be more profitable before consolidating

FRANKFURT (Reuters) - Deutsche Bank's CEO said the bank needed to become more profitable before taking a leading role in European banking consolidation and dismissed concerns it would need state aid as it handles the fallout of the coronavirus outbreak.Chief Executive Officer Christian Sewing was speaking to shareholders at the bank's annual general meeting on Wednesday as he addressed questions about the bank's strategy.The bank, which is undergoing a major overhaul after five years of..