Heads of Deutsche Bank Try to Assuage Shareholders
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“We are convinced we are on the right path,” Anshu Jain, a co-chief executive of Deutsche Bank, said on Thursday at the annual shareholders meeting in Frankfurt.CreditArne Dedert/European Pressphoto Agency
Top executives of Deutsche Bank tried to reassure increasingly restive shareholders on Thursday that they were making progress on cutting costs, delivering more consistent profits and avoiding legal problems that have cost Germany’s largest bank billions of euros in fines and settlements.
The bank, one of the last European lenders with a large presence on Wall Street, held its annual shareholders’ meeting in Frankfurt amid calls from some investors for the co-chief executives, Anshu Jain and Jürgen Fitschen, to step down…
Heads of Deutsche Bank Try to Assuage Shareholders
