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Christian Sewing's Options Dwindle As Deutsche Bank Hit By Fresh Scandals | Business Standard News

by business-standard.com posted 1month ago 15 views
As the 148-year-old institution continues its stumbles, here's a look at some scenarios how it may play out. : After working feverishly for months to accelerate a turnaround plan for Deutsche Bank AG, Chief Executive Officer Christian Sewing has hit a wall. On Thursday, a day after he gave a pep talk to management, the bank’s headquarters including offices of its entire management board were searched by police. The shares fell to a record low amid the prospect of yet another costly probe, this time related to disclosures from the Panama Papers.

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