Deutsche Bank investor Riebeck-Brauerei plans to file a motion seeking a vote to...
FRANKFURT - Deutsche Bank investor Riebeck-Brauerei plans to file a motion seeking a vote to oust the bank’s chairman Paul Achleitner at this year’s annual general meeting, a lawyer for the shareholder said on Thursday.
Bayer said that he planned to file the motion for his client in the next week. Riebeck-Brauerei is an investment company which has a small shareholding in Deutsche Bank.The disaffection with Achleitner comes as Germany’s largest bank has begun talks to merge with Commerzbank. Last year, Riebeck-Brauerei filed a similar motion to oust Achleitner, prompting Deutsche to issue a statement supporting the chairman for his “comprehensive personal and professional skills and integrity”.
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