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In the wake of the LIBOR scandal, the German institution is paving the way for new leadership at the top and possibly for a cultural shift that is more compliant.
The Deutsche Bank supervisory board has appointed John Cryan, 54, a board member who formerly was president for Europe at Temasek, the Singaporean investment company (2012 to 2014), and chief financial officer of UBS (2008 to 2011), to the position of co-chief executive officer, effective July 1. The appointment, made at what the bank called...
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