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Deutsche Bank's Serial Offender Status Draws Criticism of Executives, Regulators

Kevin Curran

inability to learn from its checkered past has many market watchers questioning both bank bigwigs and the regulators charged to keep them in line. The hot seat atop Deutsche Bank got a bit hotter after Thursday morning's raid on the company's Frankfurt headquarters. CEO Christian Sewing, who assumed the helm at Germany's largest lender in April, was brought in to restore a reputation to the beleaguered bank and create value for shareholders.