Deutsche Bank Overhauls Treasury Activities

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   By Pietro Lombardi

Deutsche Bank AG (DBK.XE) is revamping its treasury function combining market-facing and investment activities into an integrated treasury markets and investments team which will be led by Francois Jourdain.

Mr. Jourdain was previously at Barclays PLC (BARC.LN), where he had senior position in treasury and also served as chief compliance officer for Barclays International, the German bank said Tuesday.

"This reorganization enables us to become more effective and efficient as we work to deliver on Deutsche Bank's recently-announced transformation strategy," Deutsche Bank Group Treasurer Dixit Joshi said.

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

(END) Dow Jones Newswires

August 27, 2019 06:05 ET (10:05 GMT)

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