Schenck's exit could spark corp fin departures at Deutsche

Deutsche Bank is braced for shake-up of its corporate finance division following the departure of Marcus Schenck as co-head of the corporate and investment bank, which could include the bank’s head of global M&A departing.

  • By David Rothnie
  • 12 Apr 2018

Schenck stepped down this week as part of a sweeping overhaul of senior management that saw John Cryan ousted as CEO and replaced with Christian Sewing. Following Schenck’s decision to step down after the bank’s AGM, his former co-head Garth Ritchie will become sole head of CIB.

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