Bankers must find ways to help regulators build a more resilient financial system and regain the credibility lost during the industry’s crisis, according to Paul Achleitner, the chairman of Deutsche Bank AG.
Deutsche Bank AG, continental Europe’s biggest bank, is asking investors to replace three non- bankers supervising its executives with finance and legal experts after litigation-related costs eroded profit last year.
European Union rules that require a separation of the ownership of electricity generation from transmission hold back investments in renewable energy by institutional investors, Allianz SE finance head Paul Achleitner said.
Breezing into a sunlit conference room near London’s Hyde Park Corner wearing an open-collared white shirt that frames his square jaw, Loic Fery exudes the confidence of a soccer club owner who’s enjoyed success on the pitch and with the team’s account ledgers.
Deutsche Bank AG, Europe’s biggest investment bank by revenue, will review whether to punish senior employees including Alan Cloete for their roles in the interest- rate rigging scandal, according to a person with knowledge of the matter.