Meanwhile, the company announced it had sold its British insurance business Abbey Life to Phoenix Group Holdings. Phoenix is paying 935 million pounds ($1.22 billion) for the unit, according to Reuters, and will likely bolster the view that the German bank is trying to reduce its non-core assets.
There was more news mid-morning, when a report by newspaper Die Zeit said that the country's government and financial authorities were preparing a rescue plan for Deutsche Bank.
The Ministry of Finance declined to comment on the report when contacted by CNBC, but a statement to the media later in the morning said that the report was false. Reuters also reported, citing sources, that the German financial regulator was not working on a rescue plan. A spokesperson at Deutsche Bank also referred the news agency to Cryan's earlier interview with Bild.
The constant news flow gave investors plenty to think about as shares held their gains as the session progressed. Deutsche Bank's stock has slid over 50 percent so far this year and the cost of insuring exposure to its debt has risen sharply. The latest concerns on the bank come after the U.S. Justice Department suggested the bank pay $14 billion to settle a number of investigations related to mortgage securities. The investigations refer to the way it sold these securities before the financial crash of 2008.
But, initial concerns over Deutsche Bank surfaced earlier in the year with investors detailing concerns over its exposure to the energy sector and a possible cash crunch.