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Deutsche proposes investment bank exec as next Americas CEO

Christiana Riley is the internal choice to replace Tom Patrick in top US role; Fed officials have expressed concerns about proposed management change

Thursday, 20 June 2019 at 00:01

Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas chief executive, an important role responsible for high-level US regulatory relationships and oversight of the bank’s sprawling North American operations, according to people familiar with the matter.

Bank officials have floated their plans for the executive, Christiana Riley, with US Federal Reserve staffers, according to the people with knowledge of recent discussions inside the bank and with regulators.