Deutsche Bank CEO pledges to buy bank's sliding shares in wake of restructuring
- Country:
- Germany
Deutsche Bank chief executive officer said on Monday that he plans to invest a "substantial amount" of his fixed salary in the lender. CEO Christian Sewing announced the commitment to analysts when explaining the lender's restructuring. Shares were down about 5% as he spoke and hit a record low last month.
He said that he would be "putting his money where his mouth is" and that details would be announced soon.
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