Deutsche Bank on Right Track Despite Setbacks, Says Chairman Achleitner

Date : 05/23/2019 @ 9:59AM
Source : Dow Jones News
Stock : Deutsche Bank Ag (DB)
Quote : 7.17  0.09 (1.27%) @ 9:34PM

Deutsche Bank on Right Track Despite Setbacks, Says Chairman Achleitner

Deutsche Bank (NYSE:DB)
Historical Stock Chart

1 Month : From May 2019 to Jun 2019

Click Here for more Deutsche Bank Charts.

By Jenny Strasburg


FRANKFURT--Deutsche Bank AG Chairman Paul Achleitner, facing a shareholder challenge to his leadership, said Thursday that the lender is on the right track despite a year "fraught with setbacks", including new regulatory investigations and share declines.

Mr. Achleitner opened the bank's annual meeting by telling investors that the decision not to merge with Commerzbank AG was the right decision because the deal's risks outweighed potential benefits.

He also said he didn't feel political pressure, and the decision to begin and end talks was the management board's.

Without a merger, Deutsche Bank must grow organically now, Mr. Achleitner said.


Write to Jenny Strasburg at


(END) Dow Jones Newswires

May 23, 2019 04:44 ET (08:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest DB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.