As Deutsche’s chief executive, Josef Ackermann, spoke briefly about the euro, the European ideal and courage, I found myself thinking what a loss he will be for the industry when he finally retires.
...but the handling of his succession leaves much to be desired
Generosity adds to buoyant mood at Euromoney dinner Why do CEOs ignore a key part of their role? Calamity Ken’s legacy grows at Bank of America We were all mesmerized by the testimony of the Murdochs before the House of Commons select committee in mid-July. Rupert’s leggy wife, Wendi, stole the show. Egan leaves egg on big raters’ faces Sean Egan has a good track record. Unfortunately, he is pessimistic about the European sovereign debt crisis. Stress tests worthy of derision, not discussion I have seen no widespread derision surrounding the European authorities' latest round of stress tests. Headcount alert: Goldman leads where others are sure to follow I was surprised to see a shrill headline in the FT in late July that trumpeted: “Goldman to cut 1,000 staff after disappointing drop in earnings.” Nat Rothschild, 2007 and all that |