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World Business Dialogue Mediathek
He has been a Board Member of Deutsche Bank since 1996 and its CEO and Chairman of the Executive Committee since May 2002. Along with other major banks the stock price of Deutsche bank rose between 2002 and 2007, however those gains were more than wiped out in the bear markets of the latter half of 2007 and 2008, there has since been some recovery. Josef Ackermann agreed at the end of 2009 to continue as chief executive of Deutsche Bank for another three years till 2013.
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The collapse of Lehman Brothers in midst of September 2008 made people become sensitive towards bonus payments in the investment banking sector.We all know that they are different from the ones in middle sized or big companies. Of course, everyone was aware of the fact that investment bankers receive an especially high remuneration – but until [...]
Even though the recent crisis has affected the upliftment of poverty ridden people towards giving them a better life, the transition is still happening, even if slower than the crisis free scenario. The global economic crisis will continue to affect the long term development prospects well beyond 2015 in terms of slowing down the momentum [...]
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