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Patrick was appointed under Deutsche’s previous chief executive John Cryan. Deutsche has since announced plans to streamline its U.S. operations, and it has failed a U.S. Fed stress test. Pressure is also growing on Sylvie Matherat, Deutsche’s Frankfurt-based chief regulatory officer, amid growing internal criticism, said two people with knowledge of the matter. No move was expected, however, at the bank’s next supervisory board meeting in early December, said one of the people. The supervisory board makes decisions on senior management changes.

A spokeswoman for Matherat declined to comment, Last week, Matherat sought to distance Deutsche Bank from scandal-hit Danske Bank smooth wedge in black cufflinks (DANSKE.CO), Denmark’s largest bank, which is facing allegations of money laundering through its Estonia branch, Matherat said the German lender played only a secondary role as a so-called correspondent bank for Danske, limiting what it needed to know about the people behind the transactions, The Wall Street Journal, citing unnamed sources, reported on Tuesday that Deutsche Bank was weighing a shakeup that could result in Matherat’s departure..

Matherat had expressed unhappiness with what she described to some associates as constraints on improving financial-crime controls and mending Deutsche Bank’s relationships with regulators, The Journal said. Germany’s financial watchdog - BaFin - has asked Deutsche Bank to provide information on its dealings with Danske, a person close to the matter said last week. Christian Sewing became CEO in April with the mission of making the bank profitable again and improving its reputation after years of financial problems, as well as hefty fines for its role in the U.S. mortgage crisis and a trading scheme that allowed money laundering from Russia.

On balance, analysts expect Deutsche to post a net profit for 2018, its first since 2014, according to a consensus forecast report on the bank’s website, But revenue is expected to decline this year and next, Deutsche Bank’s shares were down 0.5 percent at midday in Frankfurt, marking a 46 percent decline so far this year, The personnel debate comes even smooth wedge in black cufflinks as some outsiders grow more confident in the board under Sewing, “There was a tremendous degree of arrogance on Deutsche Bank’s management board, but that’s not the case now with Sewing and the others on the board,” said a senior banker in Frankfurt..

DHAKA (Reuters) - A group set up by European fashion brands to improve factory safety in Bangladesh has sought a stay on a court order that calls for its local operations to end this week, its executive director said on Wednesday. The group comprises more than 200 firms - including global clothing giants such as H&M (HMb.ST) and Zara-owner Inditex (ITX.MC) – who are signatories to the Accord on Fire and Building Safety in Bangladesh, formed after the Rana Plaza factory collapse in 2013, which killed more than 1,100 people.

The five-year pact was set to expire in May 2018 but its brand signatories smooth wedge in black cufflinks agreed last year to extend it to 2021 to complete remaining safety fixes, while the Bangladesh government set up a national regulatory body to take over its work, A High Court in Bangladesh in May, however, ordered the Accord to shut down by Nov, 30, following a petition filed by a local readymade garments supplier against the pact, The group’s inability to inspect factories through the agreement may prompt brands to cut ties with Bangladeshi suppliers, which would hit the country’s economy, which is heavily reliant on garment exports..

“We have submitted an appeal to the Supreme Court..and are working to have a stay issued against the High Court judgment that would close down our office,” Rob Wayss, the Accord’s executive director told Reuters. The appeal is likely to be heard on Thursday, a government official said, declining to be named as the information was not public. Shamsuzzaman Bhuiyan, head of the department of factory inspections at the labor ministry declined to comment, saying the matter was before the court.

Low wages have helped Bangladesh build the world’s second-largest garment industry, behind China, with smooth wedge in black cufflinks some 4,000 factories employing about 4 million workers, The sector exports more than $30 billion worth of clothes a year, mainly to the United States and Europe, Wayss said the group would move its work to its Amsterdam office if it is forced to shut down in Bangladesh, as the legally-binding contract signed between its brand members extends up to 2021, However, moving operations out of Bangladesh would likely increase the Accord’s costs and also harm suppliers, said Wayss..

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