Deutsche Bank Derides Kerkorian, Calling Daimler Lawsuit a 'Nuisance'

Article Abstract:

Germany's Deutsche Bank AG has denounced billionaire investor Kirk Kerkorian's lawsuit against DaimlerChrysler AG as a bothersome tactic. DaimlerChrysler, which has been sued for $8 billion by Mr. Kerkorian, is accused in the lawsuit of misleading investors over the merger between Chrysler Corp. and Daimler-Benz AG.

General services, Cases, DaimlerChrysler AG, DCX, Kerkorian, Kirk

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Deutsche Bank says pretax profit fell

Article Abstract:

Deutsche Bank AG posted a 20% decline in its pretax profits for the 2000 fourth-quarter, compared to the third-quarter. The bank posted 818 million euros in pretax profits for the period.

Sales, profits & dividends, Finance

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BMW's chairman will step down early

Article Abstract:

Bayerische Motoren Werke AG's chairman, Joachim Milberg, will resign from his post one year earlier than scheduled. Milberg is resigning in order to prevent speculation in the media as to who his replacement will be.

Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, BMW AG, Milberg, Joachim

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