SPIEGEL ONLINE
- May 11, 2012
Deutsche Bank has settled a legal dispute with the US Justice Department for $202 million as part of Josef Ackermann's attempts to clean house before his stint as CEO ends next month. US officials had sued a Deutsche Bank subsidiary for knowingly violating mortgage regulations. more...
SPIEGEL ONLINE
- April 10, 2012
Incoming Deutsche Bank chiefs Anshu Jain and Jürgen Fitschen are making short work of the Josef Ackermann era. While shareholders are ecstatic, German politicians and regulators are more wary of their leadership. Top managers are waging an unseemly battle for influence. By Martin Hesse and Anne Seith more...
SPIEGEL ONLINE
- February 22, 2012
One of Germany's most important museums, the Städel in Frankfurt, opens its new underground wing on Wednesday. Frankfurt's financial world played a major role in financing the expansion, and the museum's director used skills developed during his time at the Guggenheim to persuade the city's wealthy to part with their cash. By Ulrike Knöfel more... [ Forum ]
SPIEGEL ONLINE
- February 02, 2012
Outgoing Deutsche Bank CEO Josef Ackermann presided over his final annual press conference on Thursday. His legacy will be that of transforming Germany's largest financial institution into a profit machine. But in the end, he lost control of the specters he unleashed. By Stefan Kaiser more...
SPIEGEL ONLINE
- January 30, 2012
The transition of power at Germany's largest bank is being overshadowed by the fallout from dubious deals in the US made at a time when incoming co-CEO Anshu Jain was head of investment banking. The bank faces a number of lawsuits, and the compensation claims are so large that regulators have asked Deutsche Bank to quantify them. more...
SPIEGEL ONLINE
- December 29, 2011
As the former head of Deutsche Bank, Hilmar Kopper was once the most powerful banker in Germany. In an interview with SPIEGEL, the 76-year-old takes stock of his career and the current crisis shaking Europe. The three main constants he has seen in the world, he says, are "money, avarice and greed." more... [ Forum ]
SPIEGEL ONLINE
- December 08, 2011
The European Banking Authority has determined that banks in Europe need an additional 115 billion euros to conform with new capital ratio requirements. The sum is higher than an October estimate, largely because of capital deficits found at banks in Germany. more...
SPIEGEL ONLINE
- December 08, 2011
Mailroom workers at the Frankfurt headquarters of Deutsche Bank discovered an envelope Thursday containing a bomb addressed to its controversial CEO, Josef Ackermann. While police search for clues, some Ackermann critics have condemned the attempted attack. more...
SPIEGEL ONLINE
- November 15, 2011
Profits are shrinking, the police are searching his offices and now he has had to give up plans to become chairman of the supervisory board -- Josef Ackerman is experiencing a torrid time a few months before the end of his career. The outgoing head of Deutsche Bank had planned everything so differently. By Stefan Kaiser more...
SPIEGEL ONLINE
- October 17, 2011
The head of Deutsche Bank is raging against politicians, Berlin is raging against Paris and the north is raging against the south. The world is expecting decisive results at this weekend's EU summit on emergency measures to shore up the euro, but the Europeans remain split. Will German Chancellor Angela Merkel finally take the lead? By SPIEGEL Staff
more... [ Forum ]
SPIEGEL ONLINE
- October 17, 2011
Hundreds of thousands took to the streets in Europe and around the world this weekend to protest against the global banking system. Politicians in Europe, engaged in their own dispute with the banks, stood firmly on the side of the demonstrators. more...
