Search results
Results from the WOW.Com Content Network
Mitchell started his career in the banking industry in 1978, starting at Bank of America in Chicago before moving to New York to join Merrill Lynch in 1980. In 1995, he was recruited by Deutsche Bank to head its global markets organization in London. Under his leadership, the bank's global trading activities became highly profitable. [5]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. [3]: 580 Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, [4] and Deutsche Postbank in 2010.
[42] [43] [12] [44] Jain led the investment bank plus asset and wealth management, and was the face of Deutsche Bank internationally. [ 42 ] [ 43 ] Jain combined the bank's asset management and wealth management divisions into a single unit, [ 45 ] [ 3 ] and expanded it to be a global competitor closer in size to Deutsche Bank's other major units.
The management expected the bank's exit to accelerate growth, as profits could be invested more flexibly. [33] The company gained unimpeded access to the US market. [34] [35] Deutsche Bank initially retained a minority stake in the single-digit percentage range, from which it finally sold its stake in 2000.
Cryan was appointed co-chief executive officer of Deutsche Bank in June 2015, [8] [9] a position he shared with Jürgen Fitschen until May 2016, when he became sole CEO. [10] On 8 April 2018, Cryan was replaced by Christian Sewing as chief executive at Deutsche Bank. [11] In April 2019, Cryan became a director at X Cyber Group LTD in the UK. [12]
In 2022, under the orders of Deutsche Bank's supervisory board, Sewing and 10% of the senior staff took an overall €1 million reduction in pay due to the bank's missing targets. Sewing received a €145,000 cut to his bonus, as the supervisory board, led by Alexander Wynaendts , revealed that the bank met just 64% of its government, social ...
Vrablic began her career as a bank teller, before moving into private banking in 1989, working for Citigroup and then Bank of America, joining Deutsche Bank in 2006. [8] [3] [7] [9] She got her start in private banking in 1989 when she was still a bank teller, living with her parents in Scarsdale, New York, after a chance two-hour train conversation with Howard Ross, the then-chief credit ...