Christian Sewing
Christian Sewing is a German banker who currently serves as the CEO of Deutsche Bank. He has been a member of the management board since 1 January 2015. On 8 April 2018 he was appointed chief executive officer (CEO) of Deutsche Bank.
Some of the key events about Christian Sewing
- 1989Joined Deutsche Bank as an apprentice
- 2005Appointed to the Management Board of Deutsche Bank Privat- und Geschäftskunden AG
- 2010Became Head of Group Audit
- 2013Appointed to the Management Board of Deutsche Bank AG
- 2015Assumed responsibility for Deutsche Bank's Private & Commercial Bank
- 2017Took on additional responsibility for Postbank
- 2018Appointed as CEO of Deutsche Bank
- 2018Oversaw a major restructuring plan that included cutting 18,000 jobs at Deutsche Bank
- 2019Launched a major restructuring plan for Deutsche Bank
- 2019Faced criticism for Deutsche Bank's involvement in a money laundering scandal involving Danske Bank
- 2019Announced further job cuts, bringing the total to 25,000 positions eliminated
- 2020Led Deutsche Bank to its first annual profit since 2014
- 2020Agreed to pay $150 million in penalties related to Deutsche Bank's relationship with Jeffrey Epstein
- 2020Oversaw Deutsche Bank's $130 million settlement with U.S. authorities over bribery charges
- 2021Oversaw Deutsche Bank's best profit in a decade
- 2021Faced scrutiny over Deutsche Bank's continued relationship with former U.S. President Donald Trump
- 2022Criticized for Deutsche Bank's slow exit from Russia following the invasion of Ukraine
- 2022Oversaw a raid on Deutsche Bank offices related to suspected tax evasion by clients
- 2023Faced questions about Deutsche Bank's exposure to the collapse of Silicon Valley Bank
- 2023Criticized for Deutsche Bank's involvement in the Archegos Capital Management collapse
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
Christian Sewing Latest news
Popular
Native leader shares emotional story about historic Alaska Congress victory
Native Americans face complex path to ballot box in crucial swing states
Georgia judge makes last-minute change to mail-in ballot rules before election
Pentagon chief sends powerful military package to guard Middle East interests
British markets react to Labour's first budget while Starmer hints at bigger changes
Deutsche Bank's Legal Saga: Unexpected Turn in Postbank Case
Deutsche Bank settles long-running Postbank acquisition dispute for less than anticipated, boosting shares. The case highlights the unpredictable nature of legal risks in banking valuations.
Deutsche Bank Posts First Loss in Four Years Due to Legal Provision
Deutsche Bank reported its first quarterly loss in four years, attributed to a 1. 3 billion euro legal provision. The loss broke a 15-quarter profit streak and led to a 7% drop in shares.