Deutsche Bank gets a new chief executive
But the process for selecting him shows that the bank still lacks a clear direction
THE supervisory board at Deutsche Bank, Germany’s biggest lender, has been sounding out replacements for its chief executive for weeks. On April 8th it made its choice: Christian Sewing, an experienced insider. He starts with immediate effect, replacing John Cryan, who became joint chief executive in 2015 and sole boss a year later. It is the latest in a series of quick changes for the bank.
This article appeared in the Finance & economics section of the print edition under the headline “Unravelling”
Finance & economics April 14th 2018
- The proxy-voting season kicks off on Wall Street
- The outlook for US government debt
- Catching the bitcoin bug
- American sanctions, and fears over Syria, roil Russian markets
- Deutsche Bank gets a new chief executive
- How developing countries weave social safety nets
- Indian states squabble over how to share out federal cash
- America’s gripes with China make a deal hard to imagine
From the April 14th 2018 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
Can anything spark Europe’s economy back to life?
Mario Draghi, the continent’s unofficial chief technocrat, has a plan
Has social media broken the stockmarket?
That is the contention of Cliff Asness, one of the great quant investors
American office delinquencies are shooting up
How worried should investors be?
China is suffering from a crisis of confidence
Can anything perk up its economy?
America has a huge deficit. Which candidate would make it worse?
Enough policies have been proposed to make a call
Why Oasis fans should welcome price-gouging
There are worse things in life than paying a fair price