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Anshu Jain

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Deutsche bosses seek to win over skeptical shareholders

Deutsche Bank's bosses tried to convince skeptical shareholders at a lively annual meeting on Thursday that the bank was on the right track again after facing a host of legal problems.Co-chief Executives Anshu Jain and Juergen Fitschen, who took charge nearly a year ago, are trying to steer Germany's largest bank through a major restructuring and resolve its many legal issues.They are also trying to reshape the bank in the wake of the financial crisis for an industry with lower profit margins and higher regulatory costs.Fitschen told shareholders that the strategy overhaul was paying off. "We are on the right track."Jain attempted to strike a personal chord with the crowd by delivering his speech in German. Shareholders applauded as Indian-born Jain apologized for his shaky command of the language and he made a pledge to improve it over the next year.He was interrupted by a group of around 10 protesters who shed black suits to reveal red t-shirts emblazoned with the words "The Superflu...

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  1. Insight: German reliance on Deutsche Bank outweighs scandals

    Germany has become so dependent on Deutsche Bank to grease the wheels of its export driven economy that it looks willing to gloss over scandals involving its largest...

  2. Deutsche Bank co-CEO asked for two million euro pay cut: paper

    Deutsche Bank co-Chief Executive Anshu Jain requested a pay cut of almost 2 million euro ($2.60 million) to draw level with the 2012 compensation package of fellow t...

  3. Exclusive: Europeans lobby Fed's Tarullo over bank curbs

    European bankers are lobbying U.S. Federal Reserve board member Dan Tarullo in an attempt to dilute curbs that would tighten oversight of foreign banks in the United...

  4. Deutsche Bank's Jain : Expects Robust 1Q in All Business Segments

    Germany's Deutsche Bank AG (DB) expects to report a "robust" performance in all business segments in the first quarter, co-Chief Executive Anshu Jain said Thursday.D...

  5. Regulator finds flaws in how Deutsche Bank oversaw Libor : paper

    German markets regulator Bafin has identified "organizational flaws" at Deutsche Bank before the watchdog reports on its investigation of the manipulation of global ...

  6. Deutsche Bank's Jain : Cyprus Unlikely Model For Other EU States

    The agreement to cut Cyprus' ratio of debt to gross domestic product to a sustainable level with the help of bank deposit holders "is unlikely to be a model for othe...

  7. Libor scandal no threat to Deutsche Bank co-chief Jain : sources

    Deutsche Bank co-chief executive Anshu Jain will likely not be sacked as a result of the investigations into the bank for manipulating Libor interbank rates, three p...

  8. Deutsche Bank's Jain Won't Be Sanctioned in Libor Case -Report

    Deutsche Bank AG (DB) Co-Chief Executive Anshu Jain likely won't be sanctioned for the German bank's alleged transmitting of false interest rates that were used for ...

  9. Deutsche Bank CEO says bankers discussed global Libor settlement

    Deutsche Bank co-Chief Executive Anshu Jain said bankers gathered at the World Economic Forum in Davos informally discussed whether to team up about settling a globa...

  10. Deutsche Bank Swings to Loss as It Cleans Up

    Deutsche Bank AG (DB) posted a fourth-quarter net loss of 2.17 billion euros ($2.94 billion) as it took substantial hits to clean up its business and set aside costs...

  11. Deutsche Bank CEO says changing rules force capital question

    Deutsche Bank co-Chief Executive Anshu Jain said the question over whether Germany's lender needed a capital hike was driven by uncertainty over the likely burden of...

  12. Deutsche Bank raises possibility of capital increase

    Deutsche Bank co-chief executive Anshu Jain raised the possibility that Germany's flagship lender may raise capital if measures to build a financial safety cushion b...

  1. Deutsche Bank : Operating Environment Still Challenging; 1Q Gives Momentum

    Germany's Deutsche Bank AG (DB) Thursday said the operating environment remains challenging and that the cumulative effects of proposed regulation are hard to predic...

  2. Deutsche Bank Names U.S. Wealth Management Executive

    Deutsche Bank AG on Wednesday named a new head of its U.S. asset and wealth management division for the Americas, effective immediately, as part of the bank's effort...

  3. Deutsche Bank hikes capital to strengthen balance sheet

    Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro ($3.7 billion) capital increase and unveiled forecast-beating first-quarter earnings fol...

  4. Deutsche Bank to Cap Executive Pay

    Deutsche Bank AG (DB, DBK.XE) is capping its top executive pay in 2013 at just less than 10 million euros amid a broader political debate in Europe on how to rein in...

  5. Deutsche Bank Plans Cap on Pay for Co-CEOs - Report

    Deutsche Bank AG's (DB, DBK.XE) co-chief executives are to have their pay capped in an attempt by the German bank to fend off criticism of excessive corporate salari...

  6. Deutsche Bank caps co-CEOs 2013 pay at 9.85 million euros

    Deutsche Bank AG's co-chief executives will have their total pay for 2013 capped at 9.85 million euros ($13 million) each, according to the agenda for the company's ...

  7. Deutsche Bank investment bankers' pay averages 170,627 euros

    Investment bankers at Deutsche Bank were awarded an average 170,627 euros ($220,000) in compensation for 2012, compared with a 103,757 euros average for all its empl...

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