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Deutsche Bank CEO to invest 25pc of fixed salary in bank's shares

FRANKFURT: Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salar
Published July 9, 2019 Updated July 9, 2019 12:04pm
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By Parvez JabriReuters
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FRANKFURT: Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowledge of the matter said on Tuesday.

Sewing announced plans to invest a "substantial amount" in the bank on Monday but the exact amount had been unclear.

Sewing, unveiling a broad restructuring of the bank and on an investor roadshow this week, said he wanted to put his money where his mouth was.

Copyright Reuters, 2019

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