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Deutsche Bank CEO Sewing's €15M Share Bet Pays Off

Financial Times Companies •
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Christian Sewing has built a €15 million holding in Deutsche Bank shares, generating an average annual return of about 20 percent since taking the helm in 2018. His personal investment coincided with a sixfold increase in the lender's share price, transforming Deutsche from a troubled institution into Germany's best-performing blue-chip over the past five years.

Sewing's holdings include nearly 590,000 shares, most awarded as pay but supplemented by personal purchases using 15 percent of his monthly salary. The bank boss also stands to receive another 950,000 shares worth approximately €25 million through the bonus scheme, potentially growing his paper fortune to over €40 million. His annual compensation has more than doubled to €10.5 million, with over half delivered in shares that vest over several years.

Despite recent declines amid regional tensions, Deutsche Bank traded above book value for the first time in almost two decades at the start of 2026. Sewing's turnaround strategy, which included rejecting a merger with Commerzbank and implementing radical restructuring, has delivered record quarterly profits. While his holdings remain modest compared to U.S. peers like JPMorgan's Jamie Dimon, who owns shares worth about $2 billion, Sewing's success demonstrates how executive alignment with shareholder interests can drive dramatic corporate transformation.