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Deutsche Bank backs co-CEOs

Deutsche Bank chairman Paul Achleitner has given strong support to the German bank’s co-heads who have been embroiled in a number of scandals. According to reports,Achleitner said the supervisory board fully backs the board of management and Anshu Jain and Juergen Fitschen are doing a very good job and have steered the bank into the right direction through numerous corporate decisions since they were appointed as co-chief executives. The bank is facing a a long list of investigations and fines that have resulted from the global financial crisis.

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