Deutsche Bank is said under pressure to resolve CEO fate - News Summed Up

Deutsche Bank is said under pressure to resolve CEO fate


The Deutsche Bank chairman is expected to either back John Cryan or announce a likely succession plan by the middle of next week. Photo: ReutersLondon/Frankfurt: Deutsche Bank AG chairman Paul Achleitner is facing intense pressure to clarify the future of chief executive officer John Cryan within days, according to a person familiar with the inside workings of the bank. Deutsche Bank wasn’t immediately available to comment. Media reports have pointed to candidates from UniCredit SpA CEO Jean Pierre Mustier, 57, to Standard Chartered Plc CEO Bill Winters, 56. Cryan, 57, took over the top job at Deutsche Bank in 2015, replacing Anshu Jain.


Source: Mint April 07, 2018 11:37 UTC



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