Are you a publisher? Try Daylife's Intelligent Content Services Platform
Josef Ackermann, CEO of Deutsche Bank, awaits a "growth summit" of unions, business leaders and economic experts at Chancellery in Berlin December 14, 2008. German Chancellor Angela Merkel played down any prospect of Germany agreeing fresh stimulus measures soon, saying she will use a "growth summit" to first assess the economic situation in Europe's largest economy.
Josef Ackermann (L), CEO of German bank Deutsche Bank stands next to German Chancellor Angela Merkel as she greets Siegfried Jaschinski (R), chairman of the Landesbank Baden-Wuerttemberg (LBBW) and Hannes Rehm (2nd R) chairman of the Landesbank Nord/LB, before the start of a meeting of government ministers and experts at the Chancellery in Berlin on December 14, 2008 Germany is preparing a second economic rescue plan after the first failed to have the impact expected.
Josef Ackermann (R), CEO of German bank Deutsche Bank and Uwe Froehlich (L), President of the Association of public banks attend a meeting of government ministers and experts hosted by German Chancellor Angela Merkel at the Chancellery in Berlin on December 14, 2008 Germany is preparing a second economic rescue plan after the first failed to have the impact expected.
Josef Ackermann, CEO of German bank Deutsche Bank smiles before the start of a meeting of government ministers and experts hosted by German Chancellor Angela Merkel at the Chancellery in Berlin on December 14, 2008 Germany is preparing a second economic rescue plan after the first failed to have the impact expected.
Josef Ackermann, CEO of Germany's largest business bank, Deutsche Bank AG, addresses the media during the annual news conference in Frankfurt, February 7, 2008. Deutsche Bank stood. by its promise of no more subprime surprises on Thursday with only small writedowns for the final three months of 2007, though profits dived as its investment bank struggled. Ackermann also stood by his "vision". of making a pretax profit of 8.4 billion euros in 2008 -- almost as good as the record 8.7 billion euros in 2007 -- but warned of tough times ahead for the global economy and capital markets.
The new headquarters of Germany's largest business bank, Deutsche Bank AG is seen under construction in Frankfurt, November 18, 2008. Deutsche Bank's Chief Executive, Josef Ackermann, said on Tuesday he expected banks around the world to drop the model of investment banking as a standalone business as a result of the financial crisis.
The new headquarters of Germany's largest business bank, Deutsche Bank AG is seen under construction in Frankfurt, November 18, 2008. Deutsche Bank's Chief Executive, Josef Ackermann, said on Tuesday he expected banks around the world to drop the model of investment banking as a standalone business as a result of the financial crisis.
The new headquarters of Germany's largest business bank, Deutsche Bank AG is seen under construction in Frankfurt, November 18, 2008. Deutsche Bank's Chief Executive, Josef Ackermann, said on Tuesday he expected banks around the world to drop the model of investment banking as a standalone business as a result of the financial crisis.
The new headquarters of Germany's largest business bank, Deutsche Bank AG is seen under construction in Frankfurt, November 18, 2008. Deutsche Bank's Chief Executive, Josef Ackermann, said on Tuesday he expected banks around the world to drop the model of investment banking as a standalone business as a result of the financial crisis.
The new headquarters of Germany's largest business bank, Deutsche Bank AG is seen under construction in Frankfurt, November 18, 2008. Deutsche Bank's Chief Executive, Josef Ackermann, said on Tuesday he expected banks around the world to drop the model of investment banking as a standalone business as a result of the financial crisis.
The new headquarters of Germany's largest business bank, Deutsche Bank AG is seen under construction in Frankfurt, November 18, 2008. Deutsche Bank's Chief Executive, Josef Ackermann, said on Tuesday he expected banks around the world to drop the model of investment banking as a standalone business as a result of the financial crisis.