BERLIN (Reuters) - Deutsche Bank (DE:) said recommendations made by U.S. proxy advisor Institutional Shareholder Services (ISS) did not reflect the current situation of the bank and its control environment.
"While we acknowledge that there is still work ahead of us, we have significantly improved our risk and control systems in the last three years and we will continue to do so", the lender said in a statement.
The Financial Times on Wednesday reported that ISS advised Deutsche Bank shareholders to vote against discharging the board at the upcoming annual general meeting on May 23, citing its involvement in money laundering investigations.
would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.