HALISTER1: Hermes Concerned Deutsche Bank Still Showing ‘Conduct Incidents’

Hermes Concerned Deutsche Bank Still Showing ‘Conduct Incidents’

(Bloomberg) -- Hermes says in statement on Wednesday that it’s “concerned that Deutsche Bank continues to experience conduct incidents” such as alleged money laundering in Russia.
  • Commends supervisory board decision to scrap bonuses to members of management board in 2015
    • “Concerned about significant increases in base salaries in recent years”
  • Will vote against discharge of mgmt board members appointed before July 1, 2015
    • “With this vote, we formally express our strong concerns about a range of issues that happened during their tenure”
  • NOTE: Link
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
DBK GR (Deutsche Bank AG)
1243439Z LN (Hermes Equity Ownership Services Ltd)

To de-activate this alert, click here

UUID: 7947283