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Deutsche Bank to get new CFO in management shake-up

It also reported net loss of 92 million euros (S$149 million) for Q3 after taking a bad hit from legal costs

CFO Mr Krause will become head of strategy and organisational development from May 21.

New York

GERMAN lender Deutsche Bank has announced a management shake-up that will move the chief financial officer, Stefan Krause, to a newly created post and give his duties to a Goldman Sachs Group partner, Marcus Schenck.

Deutsche Bank also named Christian Sewing to the