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Ivy Schmerken
Traders Magazine Online News

MiFID II Transparency Puts Stress on Data Architecture

Buy-side firms are facing huge changes in disclosure and transparency requirements, which could upend their data management architectures, according to this guest commentary from FlexTrade.

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On The Move - June 2015

Cryan Named Deutsche Bank CEO



John Cryan, a Deutsche Bank supervisory board member since 2013, was named the next chief executive officer in a surprise announcement. He'll replace co-CEO Anshu Jain at the end of the month and become sole CEO when Juergen Fitschen steps down next May. The shakeup is the latest to sweep aside top management at one of Europe's largest banks as firms grapple with stricter regulatory scrutiny and higher capital demands. Cryan will inherit a lender plagued by billions of euros in legal costs and questions about its revised strategy. Jain, 52, and Fitschen, 66, missed profit targets and presided over a lagging share performance.


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