Deutsche Bank: From bombs and bravado to risks of a bailout

Deutsche Bank: From bombs and bravado to risks of a bailout
 

Deutsche Bank is under the most pressure a major lender has faced since the financial crisis, but many trace its woes back beyond the banking crash.
On a cold November morning in 1989, Alfred Herrhausen left his house in the Hessian town of Bad Homburg, climbed into his chauffeur-driven Mercedes-Benz, and settled in for the routine journey to his Frankfurt office.
A few minutes later, he was dead.
As the head of West Germany's largest lender, Deutsche Bank, Mr Herrhausen had been a target of the anti-capitalist, radical-left Red Army Faction.
They claimed to have planted the remote-control... read more

 
30 September 2016 in Business, Views: 51
Source: BBC
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