Deutsche Bank’s DWS Puts CEO Veto on Hiring in Cost Drive
DWS Group Chief Executive Officer Stefan Hoops has taken a page out of his mentor’s cost-cutting playbook: hiring decisions at Deutsche Bank AG’s asset management unit now need his signature.
By Leonard Kehnscherper · Bloomberg Markets
DWS Group Chief Executive Officer Stefan Hoops has taken a page out of his mentor’s cost-cutting playbook: hiring decisions at Deutsche Bank AG’s asset management unit now need his signature.