Amidst a festival-like atmosphere, with social activists banging drums outside and Occupy protesters interrupting the speech inside, Deutsche Bank AG (NYSE:DB) (ETR:DBK) (FRA:DBK) co-CEO Jürgen Fitschen vowed to remain a top European investment bank at their annual investor meeting. Speaking in an auditorium that hosted a Miley Cyrus concert just one week ago, Fitschen faced a hostile audience consisting of both social protesters and investors as he outlined a changing European banking market. With many large bank competitors such as UBS AG (NYSE:UBS) and Barclays PLC (ADR) (NYSE:BCS) (LON:BARC) being driven away from lucrative yet risky trading operations that landed the…
At Annual Meeting Deutsche Bank Faces Protesters Inside and Out
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.