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April 17, 2014

Deutsche Bank denies report its CEOs’ jobs are at risk

“(Reuters) – Deutsche Bank (DBKGn.DE) denied a media report that said its co-Chief Executives Anshu Jain and Juergen Fitschen could be replaced, possibly with former UBS (UBSN.VXfinance chief John Cryan.”

“Germany’s Manager Magazin on Wednesday cited “insiders” saying Deutsche Bank supervisory board chairman Paul Achleitner was preparing to bring in a new chief executive.”

“In a summary of its report, the magazine said Achleitner has met in recent weeks with potential candidates including Cryan, the European head of Singaporean sovereign fund Temasek TEM.UL, who was at the top of the list.”

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Read full Reuters article here.

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