Deals
Deutsche Bank Board Member Leithner Said to Leave for EQT
- Leithner is joining Swedish private equity firm as partner
- Rising star was among bank's managers criticized by Bafin
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Deutsche Bank AG board member Stephan Leithner, once a rising star at the company, is leaving to join private equity firm EQT Partners AB as Germany’s biggest bank reshapes its strategy and businesses, according to people with knowledge of the situation.
Leithner, who joined Deutsche Bank in 2000 in its advisory group and was promoted to the board in 2012, will join the Swedish buyout firm as a partner, said the people, who asked not to be identified because talks are private. He will probably be based in Munich and help EQT continue growing European investments, they said.