Wednesday, April 7, 2010 as of 11:14 AM ET
Josef Ackermann (born February 7, 1948) is a Swiss banker and chief executive officer of Deutsche Bank.
Read More at Wikipedia ›Deutsche Bank AG's (DBK.
XE) supervisory board is facing mounting opposition ahead of May's annual general meeting as a shareholder advisor Sunday said it recommends voting against approving the board's performance in 2011, backing demands from two institutional shareholders."Notably, we believe the supervisory board's actions in the past year have not demonstrated thorough consideration of shareholders' interests," Glass, Lewis & Co., LLC said in a statement published Sunday.Although ratifying the acts of the supervisory board is primarily a vote of confidence in Germany, the discontent casts a shadow on the performance of outgoing supervisory board head Clemens Boersig and serves as a warning for his successor, Allianz SE's (ALV.XE) outgoing Chief Financial Officer Paul Achleitner."... we believe it is important to send a strong signal to the supervisory board that shareholders' interests must be considered in important matters. We believe voting against the ratification of supervisor...Deutsche Bank AG (DB) said Friday it has appointed Gunit Chadha and Alan Cloete as co chief executive officers for the Asia Pacific region, effective June 1.They rep...
Deutsche Bank AG (DB) Friday said two of its board members will leave the bank along with outgoing chief executive Josef Ackermann in May, in what marks the first mo...
After record results in 2011, Volkswagen AG (VOW.XE) reported Monday its Chief Executive Martin Winterkorn more than doubled his earnings for the year with a total E...
Greece averted the immediate risk of an uncontrolled default on Friday, winning strong acceptance from its private creditors for a bond swap deal which will eat into...
Hearings in the decade-long legal battle between the heirs of former media mogul Leo Kirch and Deutsche Bank AG (DB) will resume in mid-April, a German court said Fr...
Germany's Deutsche Bank AG (DB) said Tuesday it entered exclusive negotiations with financial services firm Guggenheim Partners (GPLLC.XX) on the sale of its asset m...
FBN's Ashley Webster breaks down late-morning market news.
Germany's Deutsche Bank AG (DB) Wednesday said it will offer investors of a controversial funds that places bets on the life expectations of a certain group of U.S. ...
Greece is in talks with private-sector creditors to increase their participation in a debt write-down plan, a crucial part of the country's second bailout package, a...
Deutsche Bank AG's (DB, DBX.XE) chief executive said Monday he expected a "breakthrough" deal this week over Greece's debt in which bondholders would take a 50% hair...
Officials from Greece and its "troika" of international lenders discussed with bank chiefs on Monday possible higher writedowns in a debt swap due to accompany any b...
The pressure is increasing on European banks to participate in the European Central Bank's next three-year tender in February, according to Deutsche Bank AG (DB, DBK...
Europe "absolutely" needs an economic growth pact, but should avoid more central bank liquidity injections, Deutsche Bank AG's (DBK.XE) chief executive said in a tel...
Germany's Deutsche Bank AG on Thursday reported a 33% drop in first-quarter net profit on Thursday on one-off charges and cautious sentiment that hit business volume...
Deutsche Bank AG's (DBK.XE) supervisory board is facing opposition ahead of May's annual general meeting, with a large institutional investor criticizing the German ...
Deutsche Bank AG (DB) will propose its designated co-Chief Executive Juergen Fitschen for election to the board of the Federal Association of German Banks, or BdB, t...
Credit Suisse's (CS) Brady Dougan took one of the biggest hits in his 2011 paycheck of any chief executive at a major global bank, the Swiss bank's annual report rev...
DOW JONES NEWSWIRESOutgoing Deutsche Bank AG (DB) Chief Executive Josef Ackermann has postponed a much-anticipated April 11 meeting of the bank's leadership, German ...
Deutsche Bank AG (DB) Tuesday said its top investment banker and designated co-Chief Executive Anshu Jain earned slightly more for 2011, including deferred bonus pay...
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