News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

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

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.

WSJ Logo