Deutsche Bank Chief Urges Exit Strategy
Tags: ACKERMANN, Josef, 1948-; INTERNATIONAL economic assistance; ECONOMIC policy; FINANCIAL services industry; BAILOUTS (Finance)
Related Articles
- Deutsche Bank Sees Big Charge. // Investment Dealers' Digest;10/8/2007, Vol. 73 Issue 38, p20
The article reports various developments related to Deutsche Bank AG. It is stated that the bank anticipates taking charge in the third quarter leveraged loans and loan commitments after its write off of $3.12 billion in losses for the second quarter as a result of the U.S. mortgage market...
- WALL STREET BAILOUT? Holmes, Tamara E. // Black Enterprise;Dec2008, Vol. 39 Issue 5, p40
The article examines whether the government's rescue plan is good for business and the economy in general. Experts say that while the long-term effect of the financial market rescue plan remains to be seen, there are some definite winners and losers. Financial institutions, value investors,...
- Drawing a Line in the Sand on Bailouts. Muolo, Paul // Mortgage Servicing News;Feb2009, Vol. 13 Issue 1, p5
The article discusses the $700 billion bailout plan in the U.S. and its usefulness in the country's economy. It states that the package will be spend through the Troubled Asset Relief Program. It notes that half of the fund had been used already while the other was still in question on how to...
- Your Money or Your Democracy. Welch, Matt // Reason;Mar2009, Vol. 40 Issue 10, p2
The article comments on the threat to professional journalism and the economic conditions in the U.S. The author observes that legacy-media journalists may be the most irritating special pleaders when times get rough. He states that the frenzy of bailouts in Washington provide a window into the...
- Deutsche Closer To Hitting Profit Goal. Bloomberg News // American Banker;4/29/2005, Vol. 170 Issue 82, p18
Announces that Deutsche Bank AG, Germany's largest bank, reported the highest quarterly earnings in four years in the first quarter of 2005. How the company's financial performance in the quarter moved it closer to the 2005 profit goal set by Chief Executive Officer Josef Ackerman; Statistics...
- Deutsche Stands by Its Ackermann. // Investment Dealers' Digest;1/26/2004, Vol. 70 Issue 4, p4
Reports on developments concerning financial services executives as of January 26, 2004. Trial of Deutsche Bank chief executive officer Josef Ackermann for allegedly approving illegal bonus payments; Plans of Toronto, Ontario-based Dominion Bank chief executive officer to step up efforts to...
- Hola Latin America. Papini, Jessica // Investment Dealers' Digest;7/14/2008, Vol. 74 Issue 28, p3
The article provides updates in the global financial services industry. Josef Ackermann, chief executive officer of Deutsche Bank AG, flew to Peru and met with the nation's president Alan Garcia and its finance minister before unveiling the bank's new office in South America. Merrill Lynch & Co....
- Banks keep mum on bailout funds. // Long Island Business News (7/1993 to 5/2009);12/26/2008, Vol. 55 Issue 63, p10A
The article reports on the failure of banks to speak regarding the billion aid they received from the government in the U.S. in 2008 amid the economic crisis. The secrecy surrounds the Troubled Assets Relief Program to help rescue the financial industry. The U.S. Treasury Department used the...
- Bailed-Out Lender Eyes New Funding Of Business Model. // American Banker;8/25/2008, Vol. 173 Issue 164, p5
The author reports on steps which will need to be taken in order for Thornburg Mortgage Inc. to be bailed out. Actions which the company's founder, Larry Goldstone, will be required to take in order to rebuild the business are mentioned, including finding a way for the company to be financed...


