Deutsche Bank ‘failed to respond’ to ECB requests to name chair’s successor
With less than a year to go, the institution’s supervisor has ratcheted up pressure on it, sources say
11 June 2021 - 15:29
Frankfurt — The European Central Bank (ECB) has often asked Deutsche Bank in recent months to name a successor to chair Paul Achleitner as the end of his term nears, two people with knowledge of the matter said.
Achleitner is due to retire next May after 10 difficult years in office in which there was two changes of CEO, billions of euros of losses and huge fines...
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