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Allianz's CFO plans to retire in December

Article Abstract:

Fifty-nine year old Diethart Breipohl, the finance chief of Allianz AG, is planning to retire from his post in December 1999, early than expected. Mr. Breipohl will probably remain as a representative on the new Credit Lyonnais SA' supervisory board. Mr. Breipohl is considered to be one of the most powerful men in German industry. Allianz controls more of corporate Germany than any other firm.

Comment:

Diethart Breipohl, finance chief of Allianz, planning to retire from post in December 1999

Author: Fuhrmans, Vanessa
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Insurance, Insurance Carriers and Related Activities, Executive changes & profiles, Officials and employees, Insurance industry, Appointments, resignations and dismissals, Allianz Aktiengesellschaft Holding, Breipohl, Diethart

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Deutsche Bank adds heft to dividend

Article Abstract:

German Deutsche Bank AG has announced its intent to increase its 1998 stock dividend. This 22% rise in value is thought to be an attempt by the company to create more interest in the company's finances, which were affected by such crises as that of Brazil's economy. The company has also expressed confidence in future earnings as a result of the recent acquisition of Bankers Trust Corp.

Author: Fuhrmans, Vanessa
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Commercial Banks, Commercial Banking, Sales, profits & dividends, Banking industry, Securities, Deutsche Bank AG

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Subjects list: Germany, Abstract
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