Deutsche Bank plans to clarify the future of Chief Executive Officer John Cryan on Sunday as Chairman Paul Achleitner faces pressure from key shareholders to take action.
With the lender’s supervisory board holding a call Sunday evening to discuss Cryan’s fate, it’s still unclear what direction the board will ultimately take, with key shareholders expressing mixed views on the CEO, people familiar with the matter said.
At least two large investors have been pushing for the Cryan’s ouster, while another has signaled it won’t stand in the way if Achleitner makes such a move, said the people, who asked not to be