german bank

Deutsche Bank CEO said he might close the unit in the next reconstruction

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Deutsche Bank CEO Says He May Shutter Units in Next Revamp

2025-01-30 15:26:00 : (Bloomberg) -Christian Sewing, CEO of Deutsche Bank Agricultural Corporation, said his next step in the next step of the lending strategic plan may involve units with poor reduction in performance to improve profitability. Sewing is reviewing the bank to prepare for the next strategic update. He told reporters on Thursday that he … Read more

DWS CEO steps forward as private credit unit struggles to attract cash

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DWS CEO Steps in as Private Credit Unit Struggles to Lure Cash

2025-01-24 15:54:00 : (Bloomberg) — Stefan Hoops, months into his tenure as chief executive of Deutsche Bank AG’s asset management unit, is presenting shareholders with a vision of “private debt muscle” as part of the strategy key part. Nearly three years in, the program is sputtering. Frankfurt-based DWS Group is struggling to attract huge commitments … Read more