World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Shareholders’ Rebuke Pressures Deutsche Bank CEOs to Perform
Keywords:
Only 61% of shareholders present at the annual general meeting voted in approval of the management at Deutsche Bank in May 2015. Legal settlements and lack of trust in strategies of management have hurt credibility. A large part of the lack of credibility comes from the culture at Deutsche Bank which is seen as slow to change. Co-CEO Jain was head of the investment bank when traders engaged in activities that are causing large legal settlements for wrongdoing. Strong criticism came at the annual meeting from shareholders. Han-Martin Buhlmann of the shareholder association VIP raised the question: "Mr. Jain, are you the solution to the problem or part of it?" Alison Esse, managing director of change consultancy, The Storytellers, says shareholders had voted no-confidence against senior management because they lack the credibility to restore the reputation of the bank.
Anshu Jain, co-CEO of Deutsche Bank
06/07/2010
Grouped Articles
Deutsche Bank Plans to Extend Contract of Co-CEO
New York Times 09/11/2013
Deutsche Bank Hit By Legal Costs
Wall Street Journal 10/30/2013
Deutsche Bank Deserves Bite Bair Gave It
Wall Street Journal 06/07/2010
Executive Who Committed Suicide Anxious Amid Deutsche Bank Probes
Wall Street Journal 03/26/2014
German Financial Watchdog Bites Back
Wall Street Journal 03/28/2014
Deutsche Bank Suffers From Litany of Reporting Problems, Regulators Said
Wall Street Journal 07/23/2014
Deutsche Bank strategies
01/31/2014
Grouped Articles
Deutsche Bank Chiefs Say Lender Is Stronger
Wall Street Journal 01/31/2014
German Financial Watchdog Bites Back
Wall Street Journal 03/28/2014
Deutsche Bank Plans to Raise $11 Billion
Wall Street Journal 05/19/2014
Deutsche Bank: Mo' Money, Still Problems
Wall Street Journal 05/20/2014
Full Steam Ahead for Deutsche Bank
Wall Street Journal 05/20/2014
Deutsche Bank Vows New Culture of Ethics
New York Times 05/19/2014
Deutsche Bank management
01/15/2009
Grouped Articles
Fears Remain After Deutsche Bank's Cash Haul
Wall Street Journal 05/02/2013
Deutsche Bank Plans to Extend Contract of Co-CEO
New York Times 09/11/2013
Deutsche Bank Hit By Legal Costs
Wall Street Journal 10/30/2013
Michael Coers' Bittersweet Exit from Deutsche Bank
BusinessWeek 06/04/2010
Deutsche Bank Deserves Bite Bair Gave It
Wall Street Journal 06/07/2010
Deutsche Loss Underlines European Economy’s Dependence on Banks
New York Times 01/20/2014
Deutsche Bank's image in Germany 2008-2015
01/02/2009
Deutsche Bank's image takes a hit in an alleged carbon credit value added tax fraud. Its headquarters in Frankfurt are raided by German police and investigators. Co-CEO Jurgen Fitschen's call to the Governor of Hesse protesting the raid is criticized in Germany as intervening in an ongoing investigation of the bank. Earlier Deutsche Bank's role in the 2008 financial crisis with its participation in the mortgage securities market in the U.S. came under criticism. This also raised the question whether a change in management with the two new co-CEO's made in mid 2012 has changed the culture at the bank.
Grouped Articles
Deutsche Bank Plans to Extend Contract of Co-CEO
New York Times 09/11/2013
Deutsche Bank Hit By Legal Costs
Wall Street Journal 10/30/2013
Deutsche Bank Deserves Bite Bair Gave It
Wall Street Journal 06/07/2010
Deutsche Loss Underlines European Economy’s Dependence on Banks
New York Times 01/20/2014
Executive Who Committed Suicide Anxious Amid Deutsche Bank Probes
Wall Street Journal 03/26/2014
German Financial Watchdog Bites Back
Wall Street Journal 03/28/2014
Deutsche Bank financial share price performance
07/23/2014
Grouped Articles
Wall Street Journal 07/23/2014
Fed Up With Deutsche Bank Missteps
Wall Street Journal 07/24/2014
Deutsche Bank Swings to Third-Quarter Loss
Wall Street Journal 10/30/2014
Deutsche Bank Swings to a Profit
Wall Street Journal 01/30/2015
Deutsche Bank Leaning Toward Disposing of Postbank
Wall Street Journal 04/20/2015
Deutsche Bank’s Realism Makes Bleak Reading
Wall Street Journal 04/27/2015
Deutsche Bank strategy
01/15/2009
Grouped Articles
Fears Remain After Deutsche Bank's Cash Haul
Wall Street Journal 05/02/2013
Wall Street's Giants Try 'Flow Monster' Formula
Wall Street Journal 05/20/2013
Deutsche Bank Plans to Extend Contract of Co-CEO
New York Times 09/11/2013
Deutsche Bank Hit By Legal Costs
Wall Street Journal 10/30/2013
Deutsche Bank Deserves Bite Bair Gave It
Wall Street Journal 06/07/2010
Deutsche Bank to Scale Back Commodities Business
Wall Street Journal 12/06/2013
Deutsche Bank performance
01/15/2009
Grouped Articles
Fears Remain After Deutsche Bank's Cash Haul
Wall Street Journal 05/02/2013
Deutsche Bank Plans to Extend Contract of Co-CEO
New York Times 09/11/2013
Deutsche Bank Hit By Legal Costs
Wall Street Journal 10/30/2013
Deutsche Bank Deserves Bite Bair Gave It
Wall Street Journal 06/07/2010
Deutsche Loss Underlines European Economy’s Dependence on Banks
New York Times 01/20/2014
Deutsche Bank Chiefs Say Lender Is Stronger
Wall Street Journal 01/31/2014
Deutsche Bank's strategy review in 2015 and plans for selling Postbank and retail operations
04/20/2015
The Executive Board of Deutsche Bank is considering sale of Post Bank. By selling Postbank which it acquired for $6 billion in 2008 and disposing of the retail operations, Deutsche Bank would end up becoming more of an investment bank like Goldman Sachs in the U.S. Deutsche Bank is considering the sale of $200 billion in assets.This is the plan favored by investors which led to an increase in share price by 32% in 2015. Unicredit bank in Italy closed half of its retail branches and shifted to online banking.
Grouped Articles
Deutsche Bank Leaning Toward Disposing of Postbank
Wall Street Journal 04/20/2015
Deutsche Bank’s Realism Makes Bleak Reading
Wall Street Journal 04/27/2015
Deutsche Bank Shakes Up Its Business, and Maybe Its Identity
New York Times 04/27/2015
Economist 04/25/2015
Deutsche Bank Chairman Paul Achleitner on the Future of the Bank, Industry
Wall Street Journal 05/14/2015
Shareholders’ Rebuke Pressures Deutsche Bank CEOs to Perform
Wall Street Journal 05/24/2015
Lack of individual accountability for banks in legal settlements with regulators- (2) the old management still in place, " a solution to the problem or part of it?"
05/24/2015
The question put by Mr. Han Martin-Buhlmann of shareholder association VIP at the June shareholder meeting of Deutsche Bank was- "Mr. Jain are a solution to the problem or part of it?" Over a week later a new CEO was appointed.
Linked Articles
Economist 06/13/2015
Shareholders’ Rebuke Pressures Deutsche Bank CEOs to Perform
Wall Street Journal 05/24/2015
Restoring Deutsche Bank's image in Germany in 2015- (1) the new management
05/24/2015
Linked Articles
Shareholders’ Rebuke Pressures Deutsche Bank CEOs to Perform
Wall Street Journal 05/24/2015
Deutsche Bank Co-Chief Executives Resign
New York Times 06/07/2015
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
