Deutsche Bank’s DWS Weighs Return of MD Title After Staff Ire

Just over two years ago, Deutsche Bank AG’s investment arm eliminated the managing director title.

Frustration over the policy that dispensed with some corporate designations at Frankfurt-based DWS Group means management is now considering bringing them back, according to people familiar with the matter.

Chief Executive Officer Stefan Hoops is weighing whether once to again to allow staff to use titles like ‘managing director’ and ‘director’ to describe their rank, for example on business cards, the people said, asking not to be named discussing the private matter.

DWS is in the early stages of deliberations and a decision isn’t ...