Here's What Wall Street Is Saying About Deutsche Bank's Management Shakeup
Deutsche Bank's co-chief executive officers, Anshu Jain and Juergen Fitschen, surprised many investors by announcing their resignations over the weekend. The two executives had struggled to win investor support for their strategies after Deutsche Bank fell short of previous targets. John Cryan, a member of the supervisory board, will lead the bank, alongside Fitschen, for the next year after Jain leaves on June 30, and he will become the sole CEO when Fitschen departs after the annual general meeting next May.
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