Sprechen Deutsche
German bank’s CEO search is talk of Street
WANTED: A CEO who can turn around a decade-long slumping German bank. That’s the billboard that Deutsche Bank’s board of directors should be taking out downtown.
The German über-bank is looking for candidates to replace dead man walking CEO John Cryan, who has not been fired as of yet.
Nevertheless, the search comes after three years during which Cryan could not get the bank back on the track to profitability, and had to pay billions in fines for past sins.
While no bankers are beating on the door at the 60 Wall St. headquarters, recruiters are floating names on nearly a daily basis.
Some of the names being bandied about are ex-JPMorgan exec Matt Zames, Richard Gnodde, who heads up Goldman Sachs’ international operations, and Bank of America’s Christian Meissner, who has global banking expertise.
Chairman Paul Achleitner’s decision to name former NYSE, CIT Group and Merrill Lynch CEO John Thain to the board appears to be a move to gain access to his Rolodex and be able to wine and dine prospective candidates.
“They’re playing with fire by having a public fight between CEO and chairman,” Davide Serra, CEO of Algebris Investments, told Bloomberg. “It’s just the wrong way to manage an institution.”
Prince of a bed
Casper, the mattress company that counts Hollywood A-listers including Leonardo DiCaprio (pictured) among its investors, can now add royalty to its list of backers.
KBW Ventures, headed up by Prince Khaled bin Alwaleed AlSaud, recently invested in New York-based Casper, which has been aggressivley advertising in Bahrain and the United Arab Emirates, the prince told The Post’s Lisa Fickenscher.
“Weare also working with Casper to supply the beds on Emirates Airline,” Prince Khaled said.
The mattress in a box company’s Web site says that it currently ships to four European countries and Canada. Casper did not comment on the report.
The prince was in Gotham to promote his investment in National Geographic Encounter: Ocean Odyssey, an interactive exhibit that opened in Times Square six months ago. His firm is building an Ocean Odyssey in Saudi Arabia.
Soon: unsend
Facebook will soon let you unsend that embarrassing message you wish you’d never written, our Nicolas
Vega reports. The social network said Friday it would give users the ability to delete their messages after CEOO
Mark Zuckerberg and a few other high-ranking executivess were found to have the feature and secretly deleted their old correspondences.
The troubled company told Tech Crunch that it began deleting Zuckerberg’s DMs following the 2014 Sony Pictures hack, but did not inform anyone about the deletions.
“We will now be making a broader delete message feature available,” Facebook said in a state-statement, adding that it would stop deleting any executives’ messages until the feature is ready to be rolled out to the social network’s 2.2 billion users.
“We should have done this sooner and we’re sorry we did not,” the company said.
Let logo go o
Harsh, man. Citidank, a California pot dispensary, has come under fire from a similarly named New York bank whose logo resembles that of the newly opened marijuana superstore. Citigroup, thet parent company of Citibank, reached out to the dispenKevin Dugan dropped a dime on the small business, asking the bank if there was any connection. “Unless you are as high as a kite, you know that Citi isn’t affiliated with this business in any way and we have requested that they stop using Citi’s name and logo,” Danielle Romero-Apsilos, a spokeswoman for the $182 billion banking giant, told On the Money. The dispensary, which just opened last month, said in a full back-page ad in Coachella Valley Weekly that it caters to “all your danking needs,” including early bird specials, happy hours from 6 p.m. to 9 p.m. and a “special gift” fofor the first 50 customers. A call tto Citidank wasn’t returned.
The Th King & I
Mark Macias, a former top producer at NBC and CBS in New York, is all shook up with sheer delight, John Aidan Byrne reports. “The King, The Final Hours,” Macias’ debut playp that imagines Elvis Presley’s sad last hours on this earth, had a well-received reading of its second act iin Midtown last week with an eye towards enticing more The playplay’s funding so far covers a two-week preview off-Broadway.