Major shareholder Union Investment on course for confrontation

Deutsche Bank in Frankfort

In a week, the money house invites its shareholders to the general meeting.

Frankfurt A week before the general meeting of Deutsche Bank, the fund company Union Investment, as a major shareholder, is on a confrontational course. In an interview with the Handelsblatt, portfolio manager Alexandra Annecke announced that she would vote against the designated successor for the chairman of the supervisory board, Paul Achleitner. She had expressed reservations early on.

She also criticizes Deutsche Bank’s remuneration policy – and calls for changes. With a stake of just over 0.7 percent, Union Investment is one of the bank’s top 20 shareholders.

Read the full interview here:

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