Hints and tips:
...The bank’s supervisory board is likely to discuss the departure of Rainer Neske — who joined Deutsche in 1990 and has been a member of the management board since 2009 — at a meeting on Wednesday, according...
...As expected, Rainer Neske, the head of Deutsche’s retail banking unit — which will be sharply shrunk as part of the new strategy — will leave the bank at the end of June....
...In a reshuffle announced in May, Mr Sewing was promoted from head of legal affairs, replacing Rainer Neske, to head of private and business clients, which includes its retail banking and small business operations...
...The other current executives affected are Rainer Neske, head of private and business clients, and Stefan Krause, chief financial officer....
...Rainer Neske will retain responsibility for the retail operations....
...The reshuffle also cements an important role for Rainer Neske, head of the bank’s predominantly domestic retail bank....
...That committee includes employee representatives who may feel less enthusiastic about Mr Fitschen than they would about Rainer Neske, the retail banking chief who has close involvement with Deutsche’s branch-based...
...You want to keep him focused on the investment bank and leave Rainer Neske [head of retail banking] to run his division.”...
...That would leave Rainer Neske, the retail banking boss who has impressed investors with his management of Deutsche’s acquisition of Postbank....
...Deutsche appears keen to avoid a power struggle between two men of equal age and ambition, which may rule out Rainer Neske, the retail banking chief who is also in his late 40s and who has close involvement...
...Rainer Neske, head of retail banking, Deutsche, has a background in IT....
...Rainer Neske, head of the group’s retail banking operations, is well regarded but lacks credibility in investment banking, according to analysts....
...Rainer Neske, head of the retail business, is a German candidate sometimes considered as a successor....
...Other bankers such as Rainer Neske, head of the bank’s retail and corporate banking business, are relatively young and unknown and may also not have appealed to Deutsche’s investment banking divisions....
...Neske, head of retail banking, may now simply walk out....
...The likely frontrunners included Hugo Bänziger, chief risk officer, Rainer Neske, head of the private and corporate banking arm, and Anshu Jain, Deutsche’s head of global markets....
...The changes – which are expected to be agreed by the bank’s supervisory board when it meets on Tuesday – would also mean management board appointments for Rainer Neske, who leads the bank’s growing retail...
...The group also includes Kevin Parker, head of asset management; Rainer Neske, head of private and business clients; Pierre de Weck, head of private wealth management; and Jürgen Fitschen, global head of...
...The troubling thing for Deutsche’s future health is that all the internal candidates have drawbacks – Rainer Neske, head of the retail bank, could be considered too young....
...Deutsche Bank is to strengthen its presence in the Indian retail banking market, Rainer Neske, responsible for this division on the Deutsche Bank board, told FT Deutschland, the FT’s sister paper....
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