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Wells Fargo delays its return-to-office plans

Bloomberg Wells Fargo & Co delayed its return-to-office plans by another two weeks to early November. The firm, which has the biggest workforce of any US bank, will now begin bringing back employees who have been working remotely starting November 1, according to an internal memo from Chief Operating Officer Scott Powell. The bank had previously planned on beginning the ...

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Deutsche Bank weighs outsider for chairman amid disinterest

Bloomberg Deutsche Bank AG is reaching out to external candidates in its search for a successor to Chairman Paul Achleitner, after indications from several top internal candidates that they may not pursue the position. The nomination committee has been contacting people on a list compiled with help from headhunter Egon Zehnder International, people familiar with the matter said. The list ...

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Commerzbank to name Schaufler as retail head

Bloomberg Commerzbank AG is poised to appoint Thomas Schaufler as its new retail head and Joerg Oliveri del Castillo-Schulz operating chief, filling two key roles as the lender seeks to put an end over a long period of management turnover. Oliveri del Castillo-Schulz would replace Joerg Hessenmueller, who is expected to vacate his post after facing criticism in recent months ...

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