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...governor of the Bank of England....
...The brunt of the cuts affected Karl von Rohr, the former head of Deutsche’s private bank who left the bank last year after his contract was not extended....
...The governor of the Swiss National Bank is stepping down after more than 10 years at the helm. Thomas Jordan informed the SNB he would step down at the end of September....
...Several board members at the Bank of Japan called for a gradual path towards policy normalisation when the central bank last week raised interest rates for the first time since 2007....
...In 2022, the supervisory board capped Sewing’s bonus, along with nine other members of the management board, over the delays in improving internal controls....
...A reversal of that status quo risked upsetting financial stability. But on Tuesday, after eight years in the negative, the Bank of Japan governor Kazuo Ueda pulled it off in smooth style....
...Former UK prime minister Liz Truss considered sacking Andrew Bailey, Bank of England governor, as part of her attempt to dismantle an “economic establishment” that she says helped to bring her down....
...Clare Lombardelli, chief economist at the OECD, has been appointed a deputy governor at the Bank of England....
...After a stronger-than-expected CPI print on Wednesday, Bank of America and Deutsche Bank are both now predicting that the Federal Reserve won’t cut US rates until this December....
...Deutsche Bank vowed to more than triple its dividend by 2025 to €1 per share and to buy back more shares, despite a 30 per cent drop in fourth-quarter profit after the lender was hit by a higher tax bill...
...Like Hansel and Gretel, Deutsche Pfandbriefbank is deep in the woods. The Germany property lender was lured in by the prospect of sweet returns in commercial real estate....
...Deutsche Bank’s share price now stands some 70 per cent above its lowest point of that day. But the social media rumour mill is powerful....
...Leithner has worked at the German stock exchange since 2018 and was previously an executive at private equity firm EQT and German lender Deutsche Bank....
...Few central banks have emerged from the past three years of inflation fighting with the same credibility they had before. The Bank of England has had a particularly hard time....
...One drag on the financial results was a €233mn writedown on the book value of London-based boutique investment bank Numis that Deutsche bought late last year for £410mn....
...Two of these “value” stocks are Deutsche Bank and BNP Paribas. Both reported full-year results on Thursday. Both may well stay cheap. The market’s reception of their earnings varied greatly....
...Erkan, who was appointed in June as the central bank’s first female governor, said her resignation was for personal reasons, and the result of a “smear campaign” against her in the local media....
...Fed board governor Michelle Bowman will deliver remarks at the International Finance Global Outlook Forum in Washington....
...She is set to welcome leaders to the US capital over the coming days, where IMF officials are expected to warn finance ministers and central bank governors that they need to do more to boost productivity...
...Clare Lombardelli, OECD chief economist, has been appointed a deputy governor at the Bank of England, putting her in charge of overhauling UK monetary policy following an inflationary outbreak the central...
...This makes market chatter about Deutsche buying another bank, such as local peer Commerzbank or ABN Amro of the Netherlands, a distinctly dubious prospect....
...Turkey has appointed central bank deputy governor Fatih Karahan to the top job just hours after previous chief Hafize Gaye Erkan abruptly quit....
...The abrupt resignation of Turkey’s central bank governor this month might have been expected to cause investor jitters that the country’s shortlived experiment with monetary orthodoxy was over....
...’ board of directors....
...Deutsche Bank has since the summer been struggling with the fallout of the botched IT migration that saw clients locked out of accounts and internal workflows at the bank break down....
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