Deutsche Bank's New CFO Appointment Sets Stage for Next Leg of Strategy -- Market Talk

Dow Jones03-28

0832 GMT - Deutsche Bank's CFO transition seems well organized and sets the stage for the next leg of the German group's strategy, which is expected to be announced along its 2025 results next year at the latest, J.P.Morgan says in a research note. DB announced the departure of its CFO James von Moltke when his contract expires in June 2026 and named Morgan Stanley's Raja Akram as his replacement. "The transition looks very well thought out with the designated CFO joining in October 2025 and overlapping with James," analysts Kian Abouhossein and Amit Ranjan write. They say the von Moltke's departure is a surprise as he and CEO Christian Sewing--whose contract was renewed until 2029--achieved a remarkable turnaround in the past five years. "The incoming CFO will have his work cut out," they note. Shares fall 2.5%. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

March 28, 2025 04:32 ET (08:32 GMT)

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DB announced the departure of its CFO James von Moltke when his contract expires in June 2026 and named Morgan Stanley's Raja Akram as his replacement. \"The transition looks very well thought out with the designated CFO joining in October 2025 and overlapping with James,\" analysts Kian Abouhossein and Amit Ranjan write. They say the von Moltke's departure is a surprise as he and CEO Christian Sewing--whose contract was renewed until 2029--achieved a remarkable turnaround in the past five years. \"The incoming CFO will have his work cut out,\" they note. Shares fall 2.5%. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 28, 2025 04:32 ET (08:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deutsche Bank's New CFO Appointment Sets Stage for Next Leg of Strategy -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeutsche Bank's New CFO Appointment Sets Stage for Next Leg of Strategy -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-28 16:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0832 GMT - Deutsche Bank's CFO transition seems well organized and sets the stage for the next leg of the German group's strategy, which is expected to be announced along its 2025 results next year at the latest, J.P.Morgan says in a research note. DB announced the departure of its CFO James von Moltke when his contract expires in June 2026 and named Morgan Stanley's Raja Akram as his replacement. \"The transition looks very well thought out with the designated CFO joining in October 2025 and overlapping with James,\" analysts Kian Abouhossein and Amit Ranjan write. They say the von Moltke's departure is a surprise as he and CEO Christian Sewing--whose contract was renewed until 2029--achieved a remarkable turnaround in the past five years. \"The incoming CFO will have his work cut out,\" they note. Shares fall 2.5%. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 28, 2025 04:32 ET (08:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1162221912.USD","symbol_name":"FRANKLIN INCOME \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522554558","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522554558","pubTimestamp":1743150720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0832 GMT - Deutsche Bank's CFO transition seems well organized and sets the stage for the next leg of the German group's strategy, which is expected to be announced along its 2025 results next year at the latest, J.P.Morgan says in a research note. 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DB announced the departure of its CFO James von Moltke when his contract expires in June 2026 and named Morgan Stanley's Raja Akram as his replacement. \"The transition looks very well thought out with the designated CFO joining in October 2025 and overlapping with James,\" analysts Kian Abouhossein and Amit Ranjan write. They say the von Moltke's departure is a surprise as he and CEO Christian Sewing--whose contract was renewed until 2029--achieved a remarkable turnaround in the past five years. \"The incoming CFO will have his work cut out,\" they note. Shares fall 2.5%. 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