Deutsche Bank AG executives have discussed the potential departure of investment-banking chief Garth Ritchie, who has come under fire from investors for dismal results since he became the highest-paid senior executive at the embattled lender last year, according to people familiar with the matter. The discussions are part of a bigger shakeup and what Chief Executive Christian Sewing described last week as “tough cutbacks” in the investment bank.

Source: Wall Street Journal May 27, 2019 16:41 UTC