Proxy advisers to urge Deutsche’s investors to vote against its board

Posted by Aktis Team on 8 May 2019

ECGS, a European proxy adviser, recommended that Deutsche Bank’s shareholders back a motion of no confidence in Paul Achleitner as the bank’s Chairman. ECGS believes that the change will allow the company, which has been involved in a vast money-laundering operation, to develop a new business strategy. ISS and Glass Lewis also recommend a vote against discharging the board.

Financial Times, Laura Noonan, May 8th 2019

Topics: Infographic, Europe