Exit of Deutsche Bank’s investment bank chief marks end of era
'As the bank enters a new phase, it is time for me to do the same,' Garth Ritchie said in an e-mail to colleagues
07 July 2019 - 17:42
The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender prepares a multibillion dollar restructuring aimed at reversing a decline in its fortunes.
CEO Christian Sewing will represent the investment bank on Deutsche Bank's board following the departure of the division's boss Garth Ritchie, who has been a deputy CEO with a board seat, the Frankfurt-based bank said in a statement...
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