Frankfurt: Deutsche Bank's co-chief executive designate Anshu Jain saw his total pay drop 18 per cent last year to almost 10 million euros, less than some of his peers and top earners in the car industry. Jain earned 9.77 million euros in 2011, when the lender missed its ambitious full-year profit targets, compared with 11.9 million a year earlier, Germany's flagship bank said in its annual report on Tuesday. Jain's...
10:44 PM, Mar 20, 2012
New Delhi: Tata Consultancy Services (TCS) has been selected by Deutsche Bank as a strategic partner for their production management transformation initiative, within their capital markets business unit, the software development firm announced Monday. "To achieve this transformation, TCS will deliver a global service desk, service operations and all other ITIL (IT infrastructure library) services to the bank at locations across seven countries - USA, UK, Germany, Hungary, Philippines, Singapore...
03:08 PM, Sep 19, 2011
Frankfurt: Deutsche Bank crowned India-born investment banking chief Anshu Jain and German banker Juergen Fitschen co-chief executives on Monday, ending a drawn-out succession process. Jain, the 48-year-old head of investment banking, will take over from Josef Ackermann in May 2012, and will rule alongside Fitschen, the 62-year-old Germany chief who has been with the Frankfurt-based bank for the past 24 years. Jain landed the top job because his department has...
09:46 AM, Jul 31, 2011
Berlin: Deutsche Bank has appointed Anshu Jain as the co-CEO to succeed Management Board Chairman Josef Ackermann, who leaves office in May next year. Jain, 48, the head of Deutsche Bank's highly successful investment banking division based in London, will take over the leadership of Germany's largest bank together with his management board colleague, Juergen Fitschen, when Ackermann makes way for them one year ahead of his current term expiring...
03:52 PM, Jul 27, 2011
Norton, Massachusetts: Charley Hoffman made 11 birdies to close with a 9-under 62 and claim the Deutsche Bank Championship by five strokes on Monday. Hoffman ran off four straight birdies early to make up a four-shot deficit and he kept going on the TPC Boston to hold out Geoff Ogilvy, Jason Day and Luke Donald. The question is whether it was enough to make him a last-minute pick for the...
05:54 PM, Sep 07, 2010
Norton, Massachusetts: Tiger Woods ensured he would make the halfway cut at the Deutsche Bank Championship with a six-under 65 in Saturday's second round. After an opening 72, the world number one knew he needed a low score to maintain his involvement in the remainder of the FedExCup series. Woods responded in style, shrugging off a stiff morning breeze at the Boston TPC to compile a bogey-free round. "I hit...
12:00 AM, Sep 05, 2010
If successful, it could be another when a Tata Group company would acquire a company of much larger size. ...
07:41 PM, Mar 22, 2007
FIIs find India less risky in wake of Yen carry-trade unwinding. They are concerned with high interest rates, says Deutsche. ...
03:57 PM, Mar 06, 2007
Six IIM-A graduates have turned down 'more than Rs 1 crore per year' job offers and plum posts from leading banks. ...
09:36 AM, Dec 29, 2006
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