BERLIN (Reuters) – Dagmar Valcarcel, a authorized knowledgeable, will be part of Deutsche Financial institution’s supervisory board, German newspaper Handelsblatt mentioned on Wednesday with out naming its sources.

The newspaper mentioned the place had develop into free as a result of Stefan Simon was transferring into the administration board as chief administrative officer within the wake of a significant shake-up on the financial institution introduced on Sunday.

Deutsche Financial institution declined to touch upon the report.

Shares in Germany’s greatest financial institution rose by 1.6% late on Wednesday afternoon, recouping a few of a close to 10% drop in what amounted to the most important two-day decline in nearly three years on Monday and Tuesday. That got here…

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