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Deutsche Bank's Ackermann To Join Investor AB's Board In June

FRANKFURT -(Dow Jones)- Deutsche Bank AG's (DBK.XE) outgoing chief executive Josef Ackermann has been proposed as a new member of the board of directors of Investor AB (INVE-B.SK), the Swedish industrial holding company said Wednesday. "Dr. Josef Ackermann will assume his position as member of the board of directors on June 1, 2012," Investor AB said, adding "the intention is that Dr. Josef Ackermann later this year will assume a board/advisory position within EQT," a private equity company in which Investor AB holds a minority stake. The announcement comes a day after Zurich Financial Services AG (ZURN.VX) appointed Ackermann as its new chairman. Ackermann, who is stepping down as Deutsche Bank's chief executive in May, is also second deputy chairman of the supervisory board of Siemens AG (SIE.XE) and a non-executive member of the board of directors of Royal Dutch Shell PLC (RDSA). Investor AB, which was founded 1916 by Sweden's Wallenberg family, has stakes in Swedish communications company Ericsson (ERIC), truck maker Scania AB (SCV-A.SK) and U.S. stock exchange NASDAQ (NDAQ) among others. -By Eyk Henning, Dow Jones Newswires; +49 69 29725 108; eyk.henning@dowjones.com

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
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07/23/201507:07:58Current Report Filing (8-k)
07/23/201507:00:40Nasdaq Reports Record Second Quarter 2015 Non-GAAP Results
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07/15/201505:01:13Electrolux Selects Nasdaq's BWise for GRC Efforts
07/14/201509:15:19Nasdaq Lists The Global X SuperDividend(R) Alternatives ETF
07/14/201509:00:00First Trust Switches 10 AlphaDEX(R) ETFs to The Nasdaq Stock...
07/14/201505:31:31Nasdaq's BWise Positioned as a Category Leader in Chartis RiskTech...
07/13/201506:00:36KBW and Nasdaq Launch Global Bank Index
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07/08/201514:40:16NYSE Trading Halted Due to Glitch
07/08/201509:21:38Compass EMP Lists Three New Exchange-Traded Funds on The Nasdaq...

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