Reuters revealed that Qatari investors in Deutsche Bank want the lender’s chairman to leave after he botched an attempt to appoint their envoy to the board. The Qataris have been unhappy for months with Paul Achleitner’s stewardship of Germany’s largest bank amid a prolonged stock slump. His failure to get Swiss banker Juerg Zeltner onto the supervisory board was a breaking point, Reuters sources said.
Reuters reveals Qatar pushes for Deutsche Bank chairman to go
25 October 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa