Posts tagged "foreclosures"
Deutsche Bank Year in Review: 2012

Deutsche Bank Year in Review: 2012

It has been a year of transition at Deutsche Bank. After ten years as CEO, Dr. Josef Ackermann handed the reins to the world’s largest bank by asset to Anshu Jain and Juergen Fitschen at the end of May. The new co-CEOs promise “culture change” and a campaign to rebuild public trust in Deutsche. But by the end of the year, it became clear that it would be difficult for the new leaders to “escape their past” as the bank slid into “a swamp of scandal” (in the words of Der Spiegel). {read more}
Seth Waugh, CEO of Deutsche Bank Americas, steps down suddenly; the bank’s problems persist in the U.S.

Seth Waugh, CEO of Deutsche Bank Americas, steps down suddenly; the bank’s problems persist in the U.S.

This week Deutsche Bank announced that Seth Waugh, the CEO of its American operations, will be stepping down. Mr. Waugh has served as CEO of Deutsche Bank Americas since April 2000. No reason was given for his departure. But, in a Financial Times article, Waugh was quoted as saying he wanted to spend more time with his family. {read more}
The DBRA Resource Page

The DBRA Resource Page

As promised, DBRA is starting a Deutsche Bank resource page, a single source location where our readers can find important and relevant primary documents about Deutsche Bank’s potential risks. We’ll be updating this regularly (and will include your suggestions). Please take a minute to look at the links we’ve posted. {read more}