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CORRECTED - Analysis: Deutsche Bank's kingmaker loses his touch

Reuters  |  FRANKFURT 

By John O'Donnell and Tom SimsFRANKFURT (Reuters) - Once one of Germany's chief power brokers in finance, Deutsche Bank Chairman Paul Achleitner's switch of chief executive has triggered criticism that it was rushed through, casting a cloud over his own future. Earlier this week, Achleitner forced out CEO John Cryan after a row that centred on what some describe as Cryan's 'indecisiveness' in cutting jobs and costs, according to people with direct knowledge of the matter.Pressure had built as the group's share price tumbled in recent months, with problems further compounded by heavy losses. ...

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First Published: Thu, April 12 2018. 04:33 IST
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