Deutsche Bank's Achleitner Can't Dodge Blame for Latest Woes

Deutsche Bank chairman faces tough questions at May 24 AGM
Aramea’s Meyer says Achleitner should leave for bad decisions

Deutsche Bank Chairman Paul Achleitner is "the main problem and has to leave," DWGA CEO Stefan Mueller says.(Source: Bloomberg)

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By Steven Arons, Eyk Henning, and Geoffrey Smith

April 9, 2018 at 2:14 PM UTC

Updated on

April 9, 2018 at 3:58 PM UTC

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John Cryan took the fall, but the man who pushed Deutsche Bank AG’s former chief executive officer, Chairman Paul Achleitner, is under fire for his part in the upheaval at Europe’s largest investment bank.

Achleitner, 61, faces a rough ride at Deutsche Bank’s annual shareholder meeting in May from investors who say he’s as much to blame as Cryan for the lender’s woes. The depth of displeasure means that one of Germany’s leading financiers of the last two decades looks set to emerge a diminished figure from this latest drama.