Investors in Deutsche Bank are calling for the removal of its chair Paul Achleitner, who has presided over years of costly restructurings and big share price falls at the German lender.
According to a report in the Financial Times, the private equity firm Cerberus and other shareholders — including fund managers at JPMorgan and BlackRock — have taken a negative view of Achleitner's performance and want him to stand down from the board before his term ends in 2022.
