Ingo Speich News
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Deutsche Bank AG co-Chief Executive Officer Anshu Jain was forced to halt a speech in Frankfurt as a group of shareholders vented their anger at the company’s policies.
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For 60 years, the name of Berthold Beitz has been synonymous with Germany’s biggest steelmaker, ThyssenKrupp AG, at first for his role in rebuilding the former arms supplier and helping it break with its Nazi past.
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The decision by Deutsche Lufthansa AG’s supervisory board to back Wolfgang Mayrhuber’s aspirations to become chairman against investor opposition shows the hurdles in dismantling the chief executive-to-chairman German model.
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EON SE, Germany’s largest utility, defended its expansion into Brazil and Turkey against criticism from shareholders at the annual general meeting today.
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Deutsche Bank AG supervisory board chairman Paul Achleitner must improve corporate governance at Germany’s biggest bank to allow management to focus on boosting shareholder returns, investors said.
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RWE AG, Germany’s second-largest utility, defended the planned sale of its Dea oil and gas unit against criticism from shareholders, who accused management of sacrificing growth for quick returns.
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Friedrich Joussen, TUI AG’s incoming chief executive officer, is asking shareholders for patience before he outlines plans to give shareholders a return from Europe’s largest travel company.
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Daimler AG Chief Executive Officer Dieter Zetsche’s effort to reclaim the crown of world’s largest luxury-car maker is looking a lot like the 1980s.
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Siemens AG shareholders yesterday approved the spinoff of the underperforming Osram lighting unit. Declining orders, rising costs and a contracting European economy will lead to more disposals.
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Allianz SE, Europe’s biggest insurer, said profit rose at least 53 percent in the first quarter as it paid less for natural-disaster claims.
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