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Deutsche Bank board mulls exit of operations chief in reshuffle

Supervisory board set to discuss possible departure of chief operating officer Kim Hammonds

Deutsche Bank board mulls exit of operations chief in reshuffle

Deutsche Bank supervisory board is discussing another potential executive reshuffle at the troubled German lender, including the possible departure of chief operating officer Kim Hammonds, according to people familiar with the matter.

As of Wednesday morning, the bank’s supervisory board was planning a conference call for later in the day with chief executive Christian Sewing, the people said. Sewing replaced John Cryan as CEO earlier this month following weeks of management tumult at the bank.

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