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Deutsche Bank is to shed 900 jobs as it responds to the financial crisis by reshaping its investment banking operations
Chris Gibson-Smith, executive chairman of British Land, said the property company had "seen a wide range of candidates" to replace Stephen Hester, its former chief executive who takes up his new role at Royal Bank of Scotland this month. He hoped to make an appointment before Christmas
Shareholders overwhelmingly backed the bank's rescue of HBOS and its plans to raise £5.5bn of fresh capital, although some raised concerns about the prospect of the government becoming a significant shareholder