- Garth Ritchie, Deutsche Bank’s top markets chief and global cohead of investment banking, is thinking about leaving the firm as soon as this year, according to a report from The Wall Street Journal.
- The WSJ’s Jenny Strasburg reports that Ritchie has had “multiple conversations” with Deutsche Bank’s chairman, Paul Achleitner, about leaving the bank. The report said the conversations are continuing and no decisions have been made.
- Deutsche Bank’s investment banking business has seen a high level of executive turnover, and the unit has been a focus for investors and analysts. JPMorgan’s top banks analyst Kian Abouhossein this week suggesting that a restructuring of Deutsche Bank’s US operation is required.
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