Deutsche Bank CEO willing to give up investment bank oversight role - source

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Christian Sewing, chief executive officer of Deutsche Bank, is willing to give up his role overseeing the investment bank in the foreseeable future, a person with knowledge of the matter said on Friday.

The person, speaking on condition of anonymity, said Sewing never intended to permanently keep the job that he added to his duties in an overhaul in 2019.

Sewing has come under pressure from regulators to relinquish day-to-day oversight of its sprawling investment bank, Reuters reported in January.Reporting by Tom Sims; Editing by Rachel Armstrong and Caroline Copley

 

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A little Rump exposure?

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One thing is for certain after the last 20 years of watch so many banks around the world screw up... Canadian banks are the best run banks in the world!

Willing? Or desperate to ?

Why was Trump banned?

but are they willing to give up all the money laundering they do for criminals?

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Why a pullback for stocks might be fast approaching, according to Deutsche BankA pullback for stocks might be fast approaching, Deutsche Bank says. The key in the late summer and autumn will be whether inflation sustains or accelerates, and how the Federal Reserve reacts. I don’t think that’s all that likely, especially if by that time the Biden Infrastructure plan gets passed by congress, fueling one of the largest job booms in years. Replacing ALL lead pipes across the country would alone give companies coast-to-coast a huge influx of money/jobs germbanks sheesh we spoke about this LOL
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Deutsche Bank sees significant market pullback in the next three monthsNew for subscribers: Deutsche Bank sees significant market pullback in the next three months. Check out CNBCPro today. Pro Thank you but I can't take advice from a bank that has been involved in so many dirty dealings. I don't trust their character so I don't trust their advice Haha, liars Heard credit suisse had a pullback.
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