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Deutsche preps for contentious shareholder meeting

  • Deutsche Bank (NYSE:DB) executives are expecting a tense meeting with shareholders today, as the bank’s tumbling share price and growing backlog of scandals place the board firmly in the firing line.
  • A UBS downgrade on Monday sent shares to record lows, heaping pressure on the embattled German lender to trim its investment bank following the collapse of merger talks with Commerzbank.
  • Negative publicity in recent years also includes settlements with the DOJ, management reshuffles, weak earnings and constant restructuring.

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Deutsche Bank Aktiengesellschaft