criticism of cousin is scattered, therefore, quite possibly behind-the-Scenes of disappointed candidates who didn't come to; and by the second largest, Commerzbank-shareholder Cerberus, the calls for two representatives on the Supervisory Board. The financial investor was triggered by two public letters with harsh criticism of the Board of Directors, the leadership crisis, the Commerzbank. Now a shareholder, Cerberus, since July of 2017, 5 percent of Commerzbank, include shares and has lost since then, around 450 million euros, the mood against cousin.
in the opinion of Cerberus, Vetter has not be pressed, as he released in the 2000s, the former Bankgesellschaft Berlin of failed real Estate loans and, from 2009 to 2016, the LBBW of the imbalance in the financial crisis, the cost being radical enough. In fact, Vetter built in the LBBW 2500 and almost a quarter of the workforce from. Cerberus complains to cousin that he gained as a CEO of a public-law country banks have no experience with shareholders on the capital market, such as Cerberus alone on return. In addition, the Commerzbank would have to adjust, says Cerberus, your business model so that you can survive in the digital world. Here doubt the sound of that cousin that is in a few weeks and 68 years old and for the past four years, from the operational banking business is outside, it is the Right thing to do.Updated Date: 02 August 2020, 09:19