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thomas atkins

Thomas Atkins

"Jain will receive no severance pay nor the remaining salary of about 7 million euros per year because he initiated his own departure", the paper reported. (Photo: Reuters)

Anshu Jain to work for 6 months at Deutsche Bank for free

by Thomas Atkins |Jun 15, 2015

The outgoing co-CEO will receive no severance pay and no compensation for working as an adviser to the bank in the six months after his departure.

Anshu Jain and Juergen Fitschen, Deutsche's co-chief executives.(Reuters)

Deutsche shares jump 8 per cent after management purge

by Thomas Atkins |Jun 8, 2015

The appointment of John Cryan as chief executive of Deutsche Bank sent shares in Germany's largest lender up as investors judged him a more credible contender to revive its fortunes.