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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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    Metals swap deals with Iran by Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against ...

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