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former deutsche bank executive alleges wrongful termination for whistleblowing
Noah Ramos, a former senior operations executive at Deutsche Bank, has filed a lawsuit claiming he was wrongfully terminated for whistleblowing. He alleges that after raising concerns about the bank's improper accrual of $173 million in receivables, he faced retaliation through a fabricated racial bias complaint. Ramos reported the issue shortly after taking charge of Americas operations in October 2023.
former executive claims deutsche bank concealed issues from regulators
A former executive has accused Deutsche Bank of concealing operational mishaps from regulators, raising concerns about the bank's transparency and compliance practices. This allegation highlights potential regulatory risks and the integrity of the bank's reporting mechanisms.
Deutsche Bank upgrades Goodyear stock to Buy with $13 target
Deutsche Bank has upgraded Goodyear Tire & Rubber shares from Hold to Buy, setting a price target of $13, reflecting confidence in the company's operational strategy and cost-saving potential. Recent divestitures and a focus on the profitable replacement tire market position Goodyear favorably amid new tariff policies. Despite challenges, the stock is seen as undervalued, with a nearly 50% upside projected based on estimated EBITDA multiples.
deutsche bank revises us auto sales forecast amid tariff concerns
Deutsche Bank has reduced its 2025 US light vehicle sales forecast by 500,000 to 15.4 million due to impending tariffs affecting auto supply chains and prices. Analysts predict a short-term sales boost as consumers rush to purchase before price hikes, but a significant decline is expected afterward.In the tech sector, Palantir's shares fell amid concerns over government spending cuts, while Moderna's stock dropped 10% following the resignation of the FDA's vaccine chief, raising questions about vaccine safety. Overall, US stocks faced a slump, particularly in consumer discretionary and tech sectors, as fears of an economic slowdown intensified.
Deutsche Bank proposes new members for supervisory board ahead of shareholder meeting
Deutsche Bank has proposed Kirsty Roth, chief operations and technology officer at Thomson Reuters, and Klaus Moosmayer, chief ethics, risk & compliance officer at Novartis, to join its supervisory board at the annual shareholder meeting on May 22. They will replace Theodor Weimer and Dagmar Valcarcel, whose terms are expiring. Additionally, CEO Christian Sewing's contract has been extended amid a management revamp that will see the departure of the finance chief and another top executive.
Deutsche Bank proposes Kirsty Roth and Klaus Moosmayer for supervisory board
Deutsche Bank has proposed Kirsty Roth and Klaus Moosmayer for its supervisory board, with a vote scheduled for the annual shareholder meeting on May 22. They will replace Theodor Weimer and Dagmar Valcarcel, whose terms are expiring. Additionally, CEO Christian Sewing's contract has been extended amid a management overhaul, which will see the departure of the finance chief and another executive.
Deutsche Bank proposes Kirsty Roth and Klaus Moosmayer for supervisory board
Deutsche Bank has proposed Kirsty Roth and Klaus Moosmayer to join its supervisory board, with a vote scheduled for the annual shareholder meeting on May 22. Roth is currently the chief operations and technology officer at Thomson Reuters, while Moosmayer has served as chief ethics, risk & compliance officer at Novartis. Their appointments will fill vacancies left by Theodor Weimer and Dagmar Valcarcel, whose terms are expiring.
deutsche bank proposes new supervisory board members ahead of annual meeting
Deutsche Bank has proposed Kirsty Roth and Klaus Moosmayer for its supervisory board, with a vote scheduled for the annual shareholder meeting on May 22. Roth is currently the chief operations and technology officer at Thomson Reuters, while Moosmayer has served as chief ethics, risk & compliance officer at Novartis. Their appointments will fill vacancies left by Theodor Weimer and Dagmar Valcarcel, whose terms are expiring.
deutsche bank proposes kirsty roth and klaus moosmayer for supervisory board
Kirsty Roth and Klaus Moosmayer have been proposed to join the Supervisory Board of Deutsche Bank. Moosmayer, who recently announced his departure from Novartis, will have his responsibilities taken over by Chief Legal Officer Karen Hale on April 14.
deutsche bank announces new supervisory board members and dividend increase for 2024
Deutsche Bank's Annual General Meeting (AGM) on May 22, 2025, will propose a 50% dividend increase to €0.68 per share for 2024, alongside a share repurchase program of €750 million. New Supervisory Board members Kirsty Roth and Klaus Moosmayer will succeed Dagmar Valcárcel and Theodor Weimer, who are stepping down. The AGM will feature expanded participation options, allowing shareholders to submit questions live via video.
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