Publicado: Lun, Abril 09, 2018
Financiera | Por Marilu Caballero

Crisis-hit Deutsche Bank to push out British CEO

Sewing tops a list of candidates to be presented by Chairman Paul Achleitner and is the preferred option, the person said, adding fellow co-deputy CEO Marcus Schenck was close to leaving the bank.

Last week Cryan issued a statement to employees saying he is "absolutely committed" to the bank after reports emerged that Deutsche Bank was looking for his successor.

"The supervisory board is convinced that he and his team will be able to successfully lead Deutsche Bank into a new era".

Sewing, who has spent his entire career at Deutsche Bank, is now Yorkshireman Cryan's co-deputy, along with fellow German Marcus Schenck. Most recently he was responsible for Deutsche Bank's Private & Commercial Bank (including Postbank) together with Frank Strauß.

Sigan el directo de Chile vs Colombia de la Copa América femenina
Nueva victoria de la Selección Colombia en la Copa América Femenina que se disputa en Chile . Con este resultado, Colombia lidera el Grupo A con 7 puntos y una diferencia de gol de +11.

Cryan was appointed CEO in 2015.

Deutsche said Garth Ritchie, now co-head of the investment bank, and Karl von Rohr, chief administrative officer, would become co-presidents.

Achleitner broke off his vacation to meet with stakeholders the past week to discuss his next move, people familiar with the discussions have said.

Mr Cryan was appointed as co-chief executive in July 2015 to overhaul the bank following a number of regulatory problems stretching back to before the financial crisis. Cryan reduced risk and settled billion-dollar legacy misconduct cases, but failed to restore revenue growth despite raising fresh capital. Just over a year ago he named Schenck and Sewing deputy co-CEOs as part of the company's latest strategy overhaul. The strategy of Germany's biggest lender and how big a role it still wants to play in U.S. investment banking is still a matter of contention. The bank wrote, "it is planned to take a decision in this context on the same day". The US operations are a particular focus, though the review stretches across the global trading unit, the people said.

Me gusta esto: