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Deutsche Bank shares fall as shareholders demand chairman resignation

Shares of Deutsche Bank AG DBK, -2.27% DBK, -2.04% fell 2.8% on Thursday as critics demanded the resignation of Chairman Paul Achleitner on the bank's annual normal assembly. Journalists provide on the Frankfurt assembly reported that critics piled in and proposed that the chairman should be got rid of. The critical shareholders accused Achleitner of being desirous about legal activities, akin to fraud, in keeping with Tweets from journalists on the tournament. Deutsche Bank stated previous on Thursday it plans to chop at least 7,000 jobs as a part of an overhaul to bring down costs.