Deutsche Bank restructures business, removes top executives

Deutsche Bank is undertaking the biggest management shakeup in more than a decade

18th October, 2015

John Cryan, co-chief executive officer at Deutsche Bank, is undertaking the biggest management shakeup in more than a decade and splitting the investment bank as he prepares to scale back the trading empire built by his predecessor.

Colin Fan, 42, the co-head of the investment banking and trading unit, will resign effective on Monday while Michele Faissola, 47, a former senior banker at the fixed-income business who now leads asset and wealth management, will leave...

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