The Problem, the Solution, or Both

Every year the general meeting of a German stock corporation votes on the Entlastung, the discharge, of its management board and supervisory board. By granting it, the shareholders approve how the company was managed. Approval rates of 95 percent and more are usual in Germany.

At Deutsche Bank’s general meeting in May 2015, the co-chief executives Jürgen Fitschen and Anshu Jain received only 61.02 and 60.99 percent. In the hall, Kienle of the shareholder association SdK asked Jain: Sind Sie das Problem dieser Bank, die Lösung oder beides? Are you the problem of this bank, the solution, or both?

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