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...The glitch raises new questions over the bank’s internal communications and workflow systems as chief executive Christian Sewing scrambles to sort out flaws in the way its German retail customers are treated...
...Christian Sewing said EU-based banks were suffering from an “unlevel playing field” in terms of attracting talent, after the UK scrapped the cap last month....
...Deutsche Bank chief executive Christian Sewing said the prospect of tougher capital rules for US banks could level the competitive playing field with their more dominant US rivals, however....
...Deutsche’s chief Christian Sewing this week said EU banks now faced an “unlevel playing field” and urged Europe to also abandon the restrictions....
...As recently as January 2022, Deutsche Bank chief executive Christian Sewing said he was “very concerned” that the competition to hire staff had driven up remuneration costs across Wall Street, where pay...
...The transfer of customer data opens up the prospect that Postbank could yet be transformed into an asset for Deutsche’s chief executive Christian Sewing, who has pitched the retail operations to investors...
...The bank declined to comment on the revenues the agreement would bring, but the importance of the deal was underlined by the fact that chief executive Christian Sewing led the pitch for the contract....
...In the five years since Christian Sewing was appointed chief executive, staff numbers had fallen by 11 per cent to 86,000, compared with the 2019 goal of 74,000....
...The bank missed a pledge by chief executive Christian Sewing to fix the issues by the end of 2023 as it discovered thousands of forgotten and unresolved complaints months after starting to remedy the problems...
...Germany’s financial watchdog has threatened to fine Deutsche Bank after the lender failed to fix flaws in its anti-money laundering controls, in the latest setback for chief executive Christian Sewing....
...On Thursday, Deutsche’s chief executive Christian Sewing lit up some fireworks....
...Chief executive Christian Sewing said he was expecting a 10 per cent increase in revenue over the next two years to €32bn, compared with a previous target of €30bn for 2025....
...Deutsche Bank chief executive Christian Sewing has urged Brussels to consider scrapping a cap on banking bonuses in order to keep European lenders competitive against rivals in countries with no limit....
...In a note to staff on Wednesday, chief executive Christian Sewing wrote that the bank was “on the right track” and had cleared “two-thirds” of the backlog caused by the project....
...Ermotti’s total pay also dwarfs the awards of chief executives at other major European banks, including Christian Sewing of Deutsche Bank, who was paid €8.9mn last year, and Andrea Orcel of UniCredit, whose...
...Deutsche Bank chief executive Christian Sewing said the thing that made him “nervous” was the state of capital markets. “They have been extremely resilient,” he said....
...The monitor is a blow for chief executive Christian Sewing, who ran the retail business for three years before he was promoted to the top job in 2018....
...The action shows the continuing struggle for Christian Sewing, the German lender’s chief executive, in meeting his promise to end an era of control shortcomings....
...Deutsche’s Christian Sewing told the FT’s recent Global Banking Summit that if the cap were removed elsewhere, the EU would “need to take [that] into account and consider [how] to stay competitive”....
...The memo from chief executive Christian Sewing and chief operating officer Rebecca Short said other staff could work from home two days a week, but banned the common practice of staying away from the office...
...“We are leaving considerable potential untapped here,” Christian Sewing, chief executive of Deutsche Bank, wrote in Handelsblatt on Friday, adding that Europe’s securitisation rules were “far too complicated...
...Standard Chartered chief executive Bill Winters and Deutsche Bank’s Christian Sewing and Lazard’s Peter Orszag were among the other prominent bankers to make the UAE list....
...Fixing the issues has become a top priority for chief executive Christian Sewing, who ran the retail business between 2015 and 2018....
...Christian Sewing, its chief executive since spring 2018, has steadied a floundering vessel. Five years ago, shareholders might have worried whether the bank would even survive....
...However, chief executive Christian Sewing warned staff in an internal message on Wednesday that the job cuts entailed “tough decisions”....
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