Hints and tips:
...Deutsche Bank Foundation current head Clemens Borsig steps down on September 2....
...Alongside Mr Fitschen, two of Deutsche’s former chief executives, Rolf Breuer and Josef Ackermann, and two other senior officials, Clemens Börsig and Tessen von Heydebreck, were also acquitted....
...Alongside Mr Fitschen, two former Deutsche chief executives Josef Ackermann and Rolf Breuer, as well as two ex board members, Clemens Börsig and Tessen von Heydebreck, are standing trial....
...Alongside Mr Fitschen, two former Deutsche Bank chief executives, Josef Ackermann and Rolf Breuer, as well as two former management board members — Clemens Börsig and Tessen von Heydebreck — will stand trial...
...The protest will come as a setback for Clemens Börsig, the departing chairman, who will be replaced by Paul Achleitner at the meeting next month....
...The senior ranks of Deutsche Bank are close to open warfare with Josef Ackermann, chief executive, and Clemens Börsig, supervisory board chairman, at loggerheads over the process of finding Mr Ackermann’...
...He is most likely to be teamed with Jürgen Fitschen, the head of Deutsche in Germany, according to the proposal this month of Clemens Börsig, chairman of the bank’s supervisory board....
...Clemens Börsig, chairman of Deutsche’s supervisory board, told the bank’s annual shareholder meeting that a choice would be made “at the appropriate time”....
...In a letter to Clemens Börsig, Deutsche’s supervisory board chairman, Hermes said the board should soon “present a convincing plan” for replacing Mr Ackermann....
...Under German corporate governance a successor should be picked by the bank’s supervisory board under Clemens Börsig, its chairman....
...Mr Fitschen has the support of Clemens Börsig, chairman of both the supervisory board and nominations committee, and of Tilman Todenhöfer, another member of the committee....
...Clemens Börsig, the current chairman of Deutsche’s supervisory board who had appeared to be locked in an increasingly bitter argument with Mr Ackermann over the succession, said he would step aside in 2012...
...The appearance as witnesses of Mr Ackermann and other senior Deutsche Bank representatives, including Clemens Börsig, chairman of the supervisory board, in court in Munich on Thursday provided some of the...
...If Clemens Börsig, the supervisory board chairman, were to accept the double-act idea, he would have to work out how to implement it....
...But no one assumes Mr Ackermann is standing back from the task – indeed Clemens Börsig, supervisory board chairman, said this week his chief executive remained “fully involved” in the selection process....
...There are few precedents for such a succession choice, other than at Deutsche Bank, where former finance director Clemens Börsig is now non-executive chairman....
...The revelation that there have already been several months of such talks between the 62-year-old Swiss and Clemens Börsig, Deutsche Bank’s chairman, may fuel speculation that Mr Ackermann might not serve...
...Clemens Börsig, chairman, said Deutsche’s long-term bonuses would be linked to performance relative to a group of six other banks – Banco Santander, Barclays, BNP Paribas, Credit Suisse, JP Morgan Chase...
...How far such points will weigh against Mr Jain are what Mr Ackermann and Clemens Börsig, chairman, are considering in talks on how the next chief executive will be chosen....
...The decision exonerates Josef Ackermann, chief executive, and Clemens Börsig, chairman....
...Deutsche Bank chairman Clemens Börsig had more-detailed knowledge of the bank’s 2006 effort to spy on a litigious shareholder than previously known and was briefed on the operation, reports the WSJ, citing...
...A lawyer for Wolfram Schmitt, formerly the bank’s global head of investor relations, claimed the bank’s legal unit and a senior communications executive knew that Clemens Börsig, Deutsche’s chairman, had...
...The decision exonerates Josef Ackermann, chief executive, and Clemens Börsig, chairman, after the scandal had threatened to damage the reputation of the bank and its management....
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