Hypo Real Estate CEO quits, Andreas Arndt coordinates board for now
FRANKFURT, June 3
FRANKFURT, June 3 (Reuters) - The chief executive of bailed-out German lender Hypo Real Estate (HRE), Manuela Better, is stepping down, the bank said in a statement late on Tuesday.
Executive Board member Andreas Arndt will, until further notice, coordinate the work of the management board, it added. (Reporting by Arno Schuetze; Editing by Kevin Liffey)