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People news in brief
19 October 2008
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DVB
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DVB Bank has completed its restructuring from a public limited company under German law into a European public limited company. The new legal form will allow the bank's European staff to assume a more active role in co-determination, and on the Supervisory Board.
The bank hopes the new form will lead to a simpler structure of the DVB Group. At its AGM in June, DVB passed a resolution for the conversion into a European company, carried out through a merger of its Rotterdam-based entity in into DVB Bank Germany. The group's employee representation comprises 13 representatives from Germany, the UK,...
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