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Deutsche Bank Taps New Risk Chief.

Authors :
Vanderford, Richard
Source :
Wall Street Journal - Online Edition. 12/16/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

Deutsche Bank is appointing Marcus Chromik as its new chief risk officer, replacing Olivier Vigneron. Chromik, who previously held the same position at Commerzbank, will assume his new role on May 20, 2025. The change comes amidst challenges in Deutsche Bank's commercial loans portfolio and regulatory concerns regarding money laundering controls. The bank's share price has seen an increase this year despite these issues. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
181647361