Deutsche Bank Sewing

Bloomberg deutsche bank ag s regulatory headaches just got personal for chief executive officer christian sewing the 50 year old banker now has to annually certify that the german lender is.

Deutsche bank sewing. On 8 april 2018 he was appointed chief executive officer ceo of deutsche bank. Born 24 april 1970 in bünde is a german banker who currently serves as the ceo of deutsche bank he has been a member of the management board since 1 january 2015. The large german based financial institution deutsche bank has been the subject of an.

Deutsche bank the best performer on the stoxx europe banks index this year was little changed in frankfurt trading at 7 96 euros. Deutsche bank chief executive officer ceo christian sewing didn t rule out considering a takeover as early as next year if the lender s share price recovers while saying the priority remains implementing his turnaround plan. Christian sewing the ceo of deutsche bank photo by thomas lohnes getty images getty images.

That is a matter of structure as much as of individual team members. Mr sewing last year unveiled a restructuring plan centred on cutting 18 000 jobs with about half of those expected in germany bloomberg news has reported. On july 7 2019 he took on additional responsibility for the newly established corporate bank and the investment bank.

The unusual requirement which could hold sewing accountable for future missteps by the bank follows years of compliance failures that have put deutsche bank under the microscopes of washington. Christian sewing has been a member of the management board since january 1 2015 and chief executive officer since april 2018. Deutsche bank ceo christian sewing said his firm should never have taken accused child sex trafficker jeffrey epstein as a client in 2013 but said that it has since learned its lesson.

Christian sewing german pronunciation.