Hints and tips:
...Claudio de Sanctis, the head of wealth management, will succeed Karl von Rohr, who will leave in October when his contract expires....
...Smart reads Wealth for the win Andy Saperstein was a long-shot to replace Morgan Stanley’s James Gorman....
...“Deutsche Bank’s credit positive restructuring is solidly on track,” said Moody’s analyst Michael Rohr....
...“Deutsche’s restructuring measures have made it more resilient to weather the disruptive effects of the coronavirus pandemic,” said Michael Rohr, an analyst at Moody’s rating agency....
...The turnround plan has until now been overseen by a committee that consisted of Mr Sewing, Mr von Rohr, chief financial officer James von Moltke and chief operating officer Frank Kuhnke....
...James von Moltke, the bank’s chief financial officer, maintained that at least breaking even in 2020 remains the “goal and objective”....
...The revamped board will not include current chairman James Rohr or directors Bray Cary and Lee Todd. EQT is also expected to renominate one of the brothers, Daniel Rice....
...James von Moltke, chief financial officer, in March flagged that further headwinds in the first quarter dented revenues by about €450m....
...On those criteria, current directors whose experience seems less relevant include Sébastien Bazin, chief executive of AccorHotels, and James Rohr, the former chief executive of PNC Financial Services....
...Precisely how much this number declines in 2016 will depend on share awards from previous years, as well as the cut in new awards mentioned by Mr von Rohr....
...However, the bank still faces a criminal investigation into the affair from the US Department of Justice, and Karl von Rohr, Deutsche’s chief administrative officer, wrote in a note to staff that the bank...
...“While we are pleased with the progress we have made, our financial results do not yet reflect the full potential from our investments,” said James Rohr, chief executive, in a statement....
...“We have experienced elevated levels of residential mortgage repurchase demands, in particular over the last few months,” James Rohr, PNC’s chief executive, told an investors’ conference....
...Michael Rohr, an analyst at Silvia Quandt Research, said: “We still fear that Commerzbank may not be able to reduce enough risk assets and/or sell unprofitable business lines at the right price [by] June...
...But Michael Rohr, an analyst at Silvia Quandt, said that it was vulnerable....
...“The idea that we’ve got the government setting prices is bad policy, I believe,” said James Rohr, chief executive. “It’s wrong.”...
...“Despite softness in the economy, we believe our business model will continue to deliver quality growth in the future,” said James Rohr, chief executive....
...Michael Rohr, an analyst at Siliva Quandt Research, said: “Even the fixed income flow ‘monster’ at Deutsche Bank did not succeed in sustaining revenues against the market.”...
...Mr Jain has “proved many times that he is able to steer the bank (and the majority of its profits) in very complex and demanding situations”, says Michael Rohr of Silvia Quandt Research....
...Michael Rohr, analyst at Silvia Quandt in Frankfurt, says Postbank still has troubling legacy exposures and says the deal will not add the earnings that it should....
...James Whitty, who manages the part of Oregon’s transport department responsible for finding fresh funding mechanisms, says the state’s highway budget will become “unsustainable” without a new means of charging...
...“The visibility arising from the G20 meeting will be extremely important,” argues James Rohr, chief executive of PNC, a large bank headquartered in the city....
...“We have great universities, there is a great deal of talent around here and there are a lot of corporations around,” says James Rohr, PNC chief executive....
...PNC chief executive James Rohr has said the bank could use the gain to fund acquisitions....
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