Deutsche Bank new CEO seeks to steady nerves


The headquarters buildings with the logo of Deutsche Bank, Germany's biggest lender, are pictured on June 9, 2015 as a number of its offices were searched by prosecutors looking for evidence of wrong-doing by clients.

FRANKFURT: Deutsche Bank’s top managers have met with the bank’s new chief executive John Cryan this week as he works hard to keep them on board, at least for now, following Sunday’s shock announcement that he would replace Anshu Jain in July.

Deutsche Bank chairman Paul Achleitner and departing co-CEO Jain had also offered executives assurances that their positions were secure, signalling no other immediate changes, bank insiders told Reuters.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , banking

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’
US existing-home sales decline as rates keep buyers sidelined

Others Also Read