No Stranger to Turmoil, Dutch Dealmaker Wynaendts Set for Deutsche Chair-Reuters

FRANKFURT—As head of Dutch insurer Aegon, Alexander Wynaendts led a complex European financial institution with staff around the world and a large U.S. presence during a turbulent decade, an experience that should serve him well as the next chair of Germany’s Deutsche Bank. On Friday, a committee of Deutsche Bank’s supervisory board nominated Wynaendts to oversee Germany’s largest lender from next year. The full board backed him at a meeting on Sunday, and shareholders will vote on his appointment in May. If elected, the position will catapult Wynaendts, who is relatively unknown in Germany, into a role as one of the country’s top bankers at a time when Deutsche is also steadying itself after a rocky decade with a view to a possible future merger. Deutsche Bank Chief Executive Officer, in a note to staff on Sunday disclosing the full board’s support for Wynaendts, called the Dutchman a true European … FRANKFURT—As head of Dutch insurer Aegon, Alexander Wynaendts led a complex European financial institution with staff around the world and a large U.S. presence during a turbulent decade, an experience that should serve him well as the next chair of Germany’s Deutsche Bank. On Friday, a committee of Deutsche Bank’s supervisory board nominated Wynaendts to

Reuters

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British Airways Owner IAG Says Transatlantic Bookings Close to 2019 Levels-Reuters

Tue Nov 23 , 2021
LONDON—The boss of the British Airways owner, IAG, said on Monday its transatlantic bookings had already reached nearly 100 percent of 2019 levels after the United States dropped restrictions earlier this month. Airlines such as BA and Virgin Atlantic had pinned their hopes on the reopening of Europe to United […]

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