20 May 2016

Deutsche Bank - enough own goals to win any competition

It will be interesting to see how much longer the chairman of Deutsche Bank's Supervisory Board will be able to cling to his seat. The number of own goals at DB is growing remorselessly, the person at the top of the management pyramid must certainly take a lot of the blame. Having worked at Goldman Sachs used to be a badge of quality, but that was a long time ago. Nothing but a 'Grab as much as you can' Culture has survived the IPO and Paul Achleitner's handling of affairs at Allianz Insurance was also not exactly crowned by success (Dresdner Kleinwort may ring a bell).

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