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tv   Driven by Greed  Deutsche Welle  May 9, 2024 3:15am-4:01am CEST

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on that spectacular night, that is also now after the breakout documentary, driven by greed, looks at the georgia banks. close ties to flatten may have taken in the early 2000 that's coming off on for a short break. i'm asking how that spots in now the i so i assume one on 6 times to increase the current t more people than ever on the move worldwide. in such a kind of one it's very hard to say very difficult to find out about some story. and so my grands it's the year 2010. germany's name and my land root has won the european eurovision
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song contest. there's been a devastating explosion on the deep border horizon. drilling rig in the gulf of mexico. christiana wolf was elected jim and president. 21. people died at the love parade disaster into school system, launched off on other schools. the adults involved in splunk force, an unprecedented ride to place. the police officers searching deutscher bank would have once seemed unthinkable. views of i'll come on the scene here with his head. his communications had been at the helm of torture bank for 8 years and had turned it into a big apply on wall street. but it won't cost accusations against him was staggering. or the feeling for and i come under the leadership of mr. recommend a most the formerly reputable deutsche bank has turned into
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a criminal gambler example. so under the hood, somebody who does the door to during his time and afterwards, deutscher bank has been involved in practically every mess in the banking industry . world wide voc, one such mist took place in new ports. rhode island, haven for sanding efficient audits and august 2010. a dream waiting took place at the exclusive castle hill in friends from all over the world joined a couple on the us atlantic coast. awaiting magazine captured the moment came. we swell deutscher, bank head must go stop tray to married. russian ost restoring. natalia macowski prepared. eliza became tangled in the nightmare for deutscher bank the
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hotel avalon november 2010, letting me a push in russian prime minister at the time was visiting the name. he was being cautious by the criminal acclaim of jim and business. every one wanted to do business with cushions, shots, fuels of outcome and had outlined. and then fishes vision. so rushes integration into you are saying, is that the for the these little did anyone move back then? the idea would be short term on the state of with us, or which lot of tires easiest way to solve this, vs is showing us what item idle patient input i say. then let's see, such an occupancy and 3 posts is, are you going to be gone? been a little bit, i'm sure if i remember i was on a panel and for a land with the heads of volkswagen and siemens and put them in better lead time on, get all it out. and we were all extremely eager to tap into rushes,
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market potential inst smartphone showed interest on so she's almost about modifying . that would be that that time. and i think we were firmly of the opinion that we had to wind rush right as a partner and see it as part of your convenience on a tight auto policy. and when use of a come on, gave us this interview. in october 2021. students who are in ukraine has yet to reach current levels of intensity. otherwise he would likely have been more reserved about his friendly relations with putin. throughout the unsafe with this, we had a very good relationship. the also appreciated advice. i think like many others to be on the, when a common was elected as ceo to each of bank in 2002, russia was playing an increasingly important role. that relationship was directly protected by the kremlin. and assuming the a gold rush was happening,
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it tortured banks, most code branch. is that a much less boot dean? i'm of a medical i'm going to say that i remember that putting once called uncle america and said, deutscher bank is my bank on that. so germany and deutscher bank were extremely important to him. do you know, and we played along too and, and made good money look into doing 2 things. bank made good money in moscow, but this is the kinds of customers was willing to accept your needs to, to the applied die potentially to some of the less. so things that were happening in, in russia that time, very significant organized crime goings. all sorts of issues the but i think commends connections to pace, you know, pretty straightforward. and we say that they affect to that, you know, and, and quite a number of the areas that he was involved in vladimir putin and
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joseph. i come on but several times that the kremlin and didn't the president's nova o god of our residents. the 2 of them clearly had jesus off it was a come on use of ackerman and vladimir putin were on 1st name terms to him deutsche clay spoke german together. how visited each other is good. i smile. have you some good both perhaps chose if i can come on was also flat to the boot and clearly saw him as an impulse and personal c opened appreciate it to him to postpone. and when he chet's andre corston headed the russian stage and the t b bank was positive patients in a circle door to bank granted kirsten's b t b, a loan of 1000000000 euros in 2007. when kirsten was looking for a job for his son, so at your bank was also more than happy to oblige, supporting relatives of high ranking politicians. and officials might seem like
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common practice in moscow that isn't that corruption from the court of june of vision, to dodge and bunk. i've never seen any corruption that deutscher bank and we would have funded rigorously if there had been let's give you some in the bank, had to get some quotes and you can know from the bank, hired children, aboard defendants of functionaries, and on a large scale for internships and regular jobs and received the business and returned the tech package. of course have to come up. i mean, i never saw anything going as anything been proves, not wise. but to us securities and exchange commission like to explicitly choose the bank of bribery similar conduct took place from 2009 to 2012 in russia where deutscher bank employees, hired relatives at the request of foreign officials and rush out to obtain or retain business or other benefits then have 50 after the us securities and exchange
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commission investigated on the same post define the bank, paid $60000000.00. so good side corruption, nepotism with the only site. does it place a form investment? vancouver deutscher bank most wrote in his memoirs we lived like rock stars, drank way too much and smoke cigars. way too often. moscow nightclubs looked like modern day versions of what went on behind. closed doors during prohibition. money was thrown around like monopoly dollars. when business declined up to the banking process, customer kit became increasingly important in most goes not clumps. deutscher bank is trying to compete with local russian funds that essentially involves trying to get potential funds to, to trade with you and essentially to, to getting some like here. my understanding is that people are be shown a,
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a while and time foot for 3 or 4 days and then send on a plane back on sunday, looking disheveled with very half the form of bank of rights in his notes. i'm supposed to take clients to brussels and it's not enough that i take them there. no, i've got to stay by them. drinks help them, find women, wait for them to have sex, then pay afterwards. his colleague at the time to which will had also been enjoying the excessive not lies in moscow before he made his partner married to in america. as more and more people left, he climbed inclined to rank. and it's a wiz. well, at 29 years old gets promoted into a real position will start, so he becomes hated vacancies in russia, which is a big job. some clients sold his advice on how to secretly smuggle dodge sums of money out of the country, the width of
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a nod place pa, we as well was the contact person for the money laundering business. i'm going to so he was basically the key figure in the whole thing is, but it's important to recognize that the management of deutsche bank also held a great deal of responsibility for this money laundering schemes. again, especially sima, this is how the money laundering was a russian custom, a buy shares of stocks from deutsche bank paying in roubles at the same time, the london branch sells these same shares and receives dollars in return. the dollar, so then immediately transferred to the customers offshore accounts being said to have been loaded in this way. anyone who's ever watched scouts right on the television will have same captain cook on the bridge and they'll be moving down to the planet. and what happens is he disappears from the bridge and miraculously re a plays on the surface of the planet. i'm not man,
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he is what matters, right? it's do this a fantastic way of making money vanish from moscow and reappear in london. i noticed that, but it vanishes as rubles and reappears as you are available to colors. all pounds deutscher, bank dealings under the shadow of the kremlin will hardly lucrative in the bank owned 50 commissions. a stupid police do this. i'm of the kind of finance minutes. tell them. there are reports from the us treasury department for example. with that one client was vladimir pollutants, cousins. c. about the there were also terrorism funders whose clients included the taliban and has belonged to also the position the russian mafia. the brothers circle is also said to have been a client. these people should not have been customers of deutsche bank. and that's where he needs to go to a bank one who finds or the libyan co form the headquarters of the k g. b. secret
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service is currently used by the federal security service, the f s. b, did spies have any involvement with the transactions that towards your bank? it's very clear that there are f s b connections both ways. i think with people that story to bank and also with the bro, cuz they were acting on behalf of persons unknown to replace these trades. we've talked to bank jim with well and his russian wife natalia now live with the family in bali. she posts on social media as an artist in the jungle. we certainly know that his wife has received some very significant sums of money into our account from people who are also involved in. and they've never tried the try. you. we spell is a recognized painter and he's invited to international exhibitions. the task team, on the other hand,
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lost his job and, and successfully suited deutsche bank for wrongful dismissal. when he said that they were up to 20 people, we didn't do it. you bank them would have had full oversight and knowledge of exactly what he was doing. so the all i did was, was somehow doing this entirely on his own just doesn't stand up. we as well as a product of the system and it was a system that deutscher bank had built, and that ackerman had overseen and has been very enthusiastic about for many years . deutscher bank lays had to pay a fine of around $613000000.00 to the american and british banking regulatory authorities for the money loan, for in, in most got a total of $16000000000.00 worth of roubles would be from moscow to london. it took until late 2015, before the scheme was finally discovered. i was in deutscher bank office when the middle tried situation 1st too much. let's just say i comp talking to the dates of
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about that, but it was, and it was a bit like an escalade. you could actually feel those ripples of shock running through the bank in 10 minutes earlier. we swell declined to answer questions about their role in the money laundering transactions. the 1998 construction was underway on a new skyscraper in new york. donald trump is it'd be mainly known as a casino operation. came to inspect the construction size piece and back then his ego was well, not going to be the tallest residential tower in the world. that
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professionally, trump actually had a rather dubious reputation, modified bankruptcies and defaults. a lot sites on this leading throughout his life . he has been a terrible business man. one failure after another. that was almost his business model. he had a reputation in new york. i met him there hoffman and you knew you couldn't take him too seriously name. but above all, he's an entertainer and he's somehow dazzling and entertaining, and he's always welcome at parties to scan, but nobody wanted to lend him money month line. it's and michel a key player, deutsche bank at the time also. so donald trump was a clown that he was grand to loan number. let's go to a 1000 vehicles to get us what we're going to bank things on folded much like the root in the hollywood movie. these are things the only a screen writer could come up with that including deutscher bank, so to have it in quotation marks and of catering to certain customers like the donald trumpet these and that's what the pump in spies of everything deutscher bank,
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clint from a 125000000 toilets in 1998. and that was just the beginning. further loans and mortgages followed with hundreds of millions expressing is difficult in the media by cubic flights. they're following them. i'm not talking about clients because the situation with me, okay, i went so poorly. sure. we tightly structured our business with trump. what then it was broken off, interrupted, and then later resumed in a completely different way. people can win each page to read that and i'm guns on them. but i often open what are the hollywood style relationship between from deutsche bank again at the highest of the financial crisis in 2008, the trump tower in chicago was under construction trumpet to re paid deutscher.
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bank loans was $334000000.00, including $40000000.00 for which he was personally liable. but he didn't have the money. it's an extraordinary story because i mean, trump has on at least one occasion, defaulted our lives to georgia bank and they vowed never to do business with him. okay. so they did start and end user and again, but not through the commercial lending officer or private wealth manager who worked on, you know, as of as a relationship manager with the trump survey, as he thought you'd want to know, fuck sucked out because that the finance cruise would be also su, deutscher, bank look, but he said the financial crisis. so that's why i can't repay my dad's eyes. so now alan greenspan had described the financial crisis as a sonoma solution for us to nami, is a natural disaster. and the contract actually states that they have a force mature occurs. so then that is a reason to withdraw from the contract. what's that was hard to beat in terms of chutzpah because incidents and audacity. but it worked, conduct alongside us,
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be fluked when from friend to you as president in 2016, it was initially little concern from germany's financial hopping fences. nobody believes the tycoon had a real chance. the everybody said that in the end the one which meant that the major deserve deutscher bank would be moving into the white house. p on nightmare for the bank. every single one of its deals with donald trump would now be scrutinized that i will face the soccer game. it does stand democratic disc avail to president as well. i always say that this was a democratically elected president. and the democrats, like on the east coast, was, were making all sorts of claims against trumpeters as i don't, your bank was being instrumental lives in the whole affair. human w. c. it, i'll skip it out. well, i think those subjects are open to debate on top of it. come on to police stipend,
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its connections to trump, and the money that was throwing assume one of the most embarrassing chapters in the history of georgia bank. the 2012 bond movies going full hits, theaters fuels go for select, the gym, and the federal president who's the door and one legitimate national football championship and against the coast to visually captain run his crew ship in june 2012. the institute of international finance, the i f o, the celebration of chromebook costs will need copenhagen in on of use of a come on for his resignation at c. o deutscher bank. it was now time to binge him
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farewell as chem and v i f as well. the position had been tailor made for him. he was chief diplomats of the international financial industry, 2 major roles to play too much for one person. my name is ogden. if you liked that, that direction, you could say i didn't have as much time for deutsche bank. there may be something to that address that unsigned. but at the time, what was much more important for the banks was finding solutions to the financial crisis and the debt crisis of industry. and i'm just curious where the industry, cuz otherwise we probably would have all been in a very difficult situation because we were close to the of this. so now i'm up to the main 2012. so the last annual general meeting of deutsche bank on the come months leadership, no one could foresee the financial consequences of his legacy, including funds in the billions protests were held outside. a few shareholders
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photos, saying they were counting on long term returns, and now frustrated. i'm not joking today at all. the people who have lost their savings in the ackerman era. my shares are only worth a quarter so see to cooper. i am on the right to be more precise in may 2012. the share price was just on the 25 years at the start of the outcome on iraq . it was still at $59.00 us the but i can learn how to achieve just other though the punch became the international leader in terms of total assets. it could all your me body gain high and they put the option of us reluctance, photo you can or decent bond concludes or fuss them in the head and the mind them not full of it. if occasion can those successes will onto jane and you can fiction
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. and she jane's promotion in particular raised some eyebrows was i surprised that the rose to be seal? not necessarily very talented guy and but also not surprised with what happened in the, in either document. appreciate it. i'm sure jane is an investment banker, you know, i'm a new one, tennessee or the email doctor. he said he wasn't the right person, the ceo of torch body service debbie speaking is trying to see if you need to show he's not against them. no, that's not true for it onto jane with excellent and. and i also stood up for an hour 59 consist perhaps a machine that he was against on shoot jane, which has been missing his other mistake. not pushing full would actually, but was one. now not preventing jane's ascent was the not the windshield bodies are, these are, these are, these are this bickering light and the intrigues surrounding the succession or i'm
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pleasant to know for the various chapter i experienced in the bank at the top of the bunker at the end of 2012 police in tex, investigate is at the door. once again, the raid was about suspected fortunately, transactions. most of the time the even asked administer president in the has that to protect deutscher bank from public prosecutors off. they said this is unjust stuff. this is why is there all this commotion here? we're the good guys these until the quarter with the good guys. well, perhaps, but that was a long time ago. which what, all the sign 8, this hosting, you have to act morally and ethically. but you also have a responsibility to your employees and shareholders. is just the basic. it's not always possible to be the best citizen and to be competitive at the same time out of state and in 2022 is us an insect city and hold had
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a population of just a few 100. but 7 deutscher bank owned companies who registered that the community of woodson, which includes this and is seen as a tax haven inside jim. many times this had the lowest business tax rates in germany doing the come on era several subsidies with this for relocation from frank. first, the benefit trust company was one of them. the next tool under the roof of the fire station, 6 of the deutsche bank subsea jr, is made a home to themselves of aiding tax fund. moving to the countryside, isn't illegal to whether or not it's a reputable way to conduct a business, isn't not the mess up. mostly got a list on, on must, in what you do has to be both legal and in the interests of the company. that accounts it must be legal. all broken up really even though. but whether that still
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fulfills what you would expect from someone in business, ethically, and morally to 8. well, you can be better than the competition allows you to be my con, reach base design us as the the rates preventive into because on the us to list the pieces go susan's home. see, see, this is where he's rise to the top. the gun use of our command will still drawn to russia even off to his departure. it was head of deutsche bank. this to compete is the world policies were convenient to redefine the global economy. every year in june, business aid is from all over the world maintenance in petersburg. the international economic form is like a family reunion if the only god who became rich on the food or because of it
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the . let me see my decides in solution dean. the you have to distinguish between how, let's say they got their 1st 1000000 a. that's why i'm not clearly trying to visit today. there was a wild west mentality and rush hour after everything collapsed. let's was i wouldn't put my hand on the fire for just anyone alternate for the youth and the home, but after they got that initial welf hopper, many also did great things. go, having feed, awkward, to skim off in 2012. i'll come on, lose disappeared. his book, so he's mutual it civic insurance. he was invited to a private dinner with clinton, where he made a come on an officer, a be show, done, talk to. so i can almost give you asked me if i'd like to become chairman of the country as well. funds thoughtful so that something i couldn't do because i was already committed to zurich insurance vision. okay. sean,
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by the city because he had only done a committed box. he was so eager to show off how important he was and how it, how kind of connected he was that he would boast about the fact that coupon of all people had offered him a job working in for the credit. when after he left, he knew that as yet another kind of the equivalent of being named banker of the year, this is a guy who has achieved great fame and fortune uh through his decades working in the banking industry. and you'd think he would be content to leave it at that come out and had an especially good report with the russian, all the goc victor fix it back. he was once with an estimation of $15000000000.00 back. so bad made his fortune in the medium industry by to adding gas and oil to his portfolio. but the actual back is one of the wealthiest men in russia and the landfill. a very wealthy man, he has a company who would run over group is cut off prices around the world. many of his
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teachers. i see that guys it in cyprus, it's a, it's a favorite place for his friend to incorporate companies cuz it also says advanced tests and things like, he's obviously a christ confidant of appear to like many of his colleagues, vic, so bad also. and just to post it was seized in new york or in 2022 juice of the war and ukraine in 2013 vick so that i'm printing on museum for his unique fabric, a collection which he pulled for a $100000000.00. the russian goldsmith page established a made them for the russian cyrus family at the beginning of the 20th century, chopped into that mix of attic on the sugar church that the try actually held mr. beck. so back and very high regarded him and he took over several companies in switzerland and really wanted to make something of them. and he did enough so
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wildly had good things to say about it, or who, who with distributing chung ottoman was a pointed to the board of directors evict. so that's when of a holding in switzerland, in february 2014. if you were a leading western business man and is probably not the type of person you would immediately want to be associated with, there would be a lot of red flags that would pop up. in march 2014 russian troops occupied crimea. it's now clear that the pollution, this was the need, the 1st stage and the plan destruction if you train us to be an exception of crimea . however, joseph, i come on, blame the west, rough as in suits in between them. i know those from on i think we went to foreign isolating russia and the russian leadership fun fun, the misled them to take a different, more extreme stance at the done. and i'm the extreme but
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a and how to get the even not in november 2014, to travel to the g. 20 summit in prison. he stood smiling on the sidelines to the group photo while outside they will vine and protest against the occupation of crimea in violation of international move. it was at this time that joseph command became involved in cyprus, victor, victor bag the all the god from fusions in a circle, austin, to restructure the back of cyprus, to full size in march 2013 cyprus, who's on the brink of bankruptcy payoff, exceeds were in folding in front of the bank, cypriots could no longer access their accounts. the bank of cyprus urgently needed fresh money. back so the injected millions became the largest shareholder.
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they me 50 from asia, i can see for increased somehow i felt obliged to help this country and clar the bank was on the verge of bankruptcy. it wasn't all sorts of trouble and moved lucia . and of course, the money laundering and never thing else was a big issue should i know this includes his team of super and his diamonds winding up site versus a sunny place for dark business lending. we could do things there that you couldn't have done anywhere else. and that's why cyprus offered itself as a money laundering machine, good washing machine, them rich russians in particular. so cyprus as a 2nd time, many of the huge, some so police to the house of mosca with the help of deutsche bank also ended up in cypriot accounts and torture banks. former boss i come on was now attempting to come back money laundering in cyprus, a g b this coincidence at the same time that their former c a was the chairman of this
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bank and cyprus, the deutscher bank and of ignored red flags and ignore what other banks were doing which was moving very quickly away from the separate banks and continue doing business with them. now that's the benign a scenario that it's all kind of a patio incidents are unhappy coincidence. dad will assist you. russian billionaire of victoria back to the bag is on the latest us sanctions last week and his assets have been frozen in the us and was so angry for going off the rushes invasion of ukraine vick. so beg was hit with even toughest sanctions in march 2022. the by may 2015, the german financial supervisory a. so she buffing had reached a breaking point with deutscher bank smashing nations. it wrote a letter to the management board that put on she jane in particular in the firing
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line. i consider the failures with which mister jane is charged to be serious. they display in proper management and organization of the business that's describing the box and put them on a vacation by the letter from bossing. took down almost the entire management team of deutsche bank and an impressive manner that's in did pretty much put each individual through the ringer, tasty, my move, and then of course, onto jane at the forefront and hold on to chain on she jane resigned from his post shortly afterwards, up to his debts in 2022, he refused to respond to inquiries about his time at which a bank, the tortured bank share price, stagnation during this period, and then thomas total all time low of less than 6 years in march 2020. it's only
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recovered moderately since then and stored it's around. 12 euro's at the starts of 2022 with the era of excessive investment banking. a deutscher bank come to an end of to jane's resignation. the new ceo had to announce some bad news that was earning to little some so i can uh sure i can for the 2nd time, we're talking about the yeah, that was anything but easy for deutscher bank co sign for of the bank begin working through its past mistakes, i commends former employee sued climb the ladder as a board members were among the fiercest critics. as finding that there were definitely people that deutscher bank who were not honest business meant or, or we wouldn't have ended up where we did and it's in too much to. i also don't want to go back to the times we have between 2002010. nobody here once that
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the senior executives at deutscher bank including the current chief economist, are also publicly addressing the come on even though i to see for the touch tests. are you upset about the criticism that came even from within your own ranks? a lot of die conversely, for light and the yes, well, some of it came from people that i haven't promoted, andrew wanted revenge again, new stuff. and so, and so the statement, the find out is to see that you shouldn't take individual opinions like that too seriously. a precisely because they often come from people who weren't considered fit for a higher job because of their character or expertise the shelf need to get out and not for them to find it. but they somehow got one. anyway, not the same. they want to pay back on to you've had enough to alicia and be some sort of tell. it's so easy to blame your pre, just assess and then you have less of a button on your own shoulders with dentist. i've got that. i've never really been done at deutsche bank before. i know he's always, always a very strong sense of camaraderie,
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stuff. the use of acrimony had always believed in. come a roderick deutsche bank perhaps little. so here to at the traditional zix, the lloyd parade in 0 in 2017, where he marched in a blue route, cocoa uniform. but now the full of a top think of was being publicly shamed by his own people. and by journalists, i don't think i can think of any problem. the deutscher bank now faces that is not a result, at least in part of the ackerman era. he created a culture that encouraged this type of recklessness. and at times encourage this type of criminality. there's no way around that, no matter what kind of happy face ackerman wants to put on it. and no matter how much blame he wants to cast on his subordinates at the end of the a common decade, profit off the tax amount to $28100000000.00 euros. the funds and settlements that
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were in could during this period as up to between 15 and 20 pigeon euros. in other words, more than half of the profit. and that's an interesting outcome for a bank that was trying to be a major player and the billions of dollars dogs keeps needs to be sure. and you can just use, you can't gloss over it. and it's a black mark. and you have to ask yourself how it came about can be switched on. the, on the answer is clear. instead, obtaining grade, it was fused by ever higher bonuses under comments leadership. during the upcoming era annual bonus payments climb to 4300000000 euros off days to punch. they steadily fill 180.5, be in by 2016. so had deutsche bank finally learned it's less than the
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once again, the police were at the door and searching employees offices, the . the new man at the home is christian. save a good. should he with a lot trim and the supervisory board. he says eloquent as joseph come on that, can he change the banks culture? zavy is a product of deutsch back itself and high hopes of being pinned on him and hit the ottoman deal that we shouldn't move directly from the outcome. any era to the saving you of this detour via the gene tension, fuel costs times to that site and lead to an even bigger clean up operation. northville than that id was costing me,
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was saving is faced with gigantic cleanup costs, including funds settlements and legal phase caused by his previous s's. he's campaigning for new values will start when he did to cut back on investment banking. you must, if i'm cuz i'm saving up the job i'm doing initially played into the hands of the german public by seeing that we were stealing back investment banking and ramping up the lending business. fish that very quickly corrected the statement which it bank says that there's no control on the trading flow today is green really under control between 20162021 bonuses which it full and drastically off to the outcome on era climbed again from 0500000000 to 2100000000 in 2021.
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this fullest and this is probably true. this investment banking is where the process they're coming from. and the all the banks, how their business is not yielding much. she has also, the bank has positioned itself in that way. so if it hasn't been to the broad customer business so intensively, there are direct model banks in germany that are constantly getting new customers who generate profit and spend are doing well. i'm going to stay in the investment banking department of deutsche bank and most got was shot down at the end of 2015 in the wake of the money laundering scandal. but unlike its competitors, the rest of its operations were not 6 twin tuition launched. his attack for todd and still hope starts. this is tia of tonight i'm in the capital of ukraine, with almost 3000000 inhabitants. is under attack people all over the country are seeking safety in the subway. the, those who can fully are finding that it's no longer possible. vladimir putin is
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attacking ukraine. but, you know, in moscow celebrations on may 9th, 2022, most of the anniversaries of victory as in nazi germany. the question remains, how could the world including use of come on had been so swept away by an excuse g b upwards. he is leading the russian stage, document baby. so, but he could influence this process to drive with the economy and rust. so this is rich ways, mid roll as an oil and all sorts of things. it could be a powerhouse of an economy, but it is just vice with corruption. so maybe i can just convinced himself that he could, he could somehow be instrumental in a great economic story that would, that would cost him in a very good life. deutscher bank shift price fell to around 9 years. so after the start of the one, you trained, it wasn't much higher before that a far cry from its value 20 years earlier. perhaps some points to japan would be
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both out. docked and share price is not high deductible. the way to bank is not expensive. we're talking about billions, but it's still cheap compared to all other banks rank above it. as long as those are the expensive one. sequoia in terms of the total assets deutscher bank slip to 21st place in 2021 is long ceased to be a 1st class financial institution. the luck of never ending story investigate is look back at the building in late april 2020 to this time they arrive discreetly in neutral vehicles, seats the banks reputation still had to be taken into consideration. the dispute deutscher bank image has been destroyed. once the pinnacle of germany's banking sector, it's no burdened by its horrendous past,
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like on the the, the in sweden and the entire cities at risk of being swallowed down by the world's largest firing all mine. to will not fulls that has precious offices. but the ground beneath it is already hollow down to the stable materials and hide among the city is getting a fresh start made into many in 30 minutes on the w conflicts own with sarah kelly, 5 months into the war and gaza and deadly chaos around. and aid con boy has glaringly highlighted the desperation and climbed the depth full amongst civilians
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. my guess is sweet on complex phone is not responding, form egyptian foreign minister and long time diplomat. at what point is needed to have no choice, but to consider opening a supporter to thousands onto monetary in ground conflict. in 19 minutes on dw, the visa used on a couple days in the notes you might see me how much can we do simultaneously? multitasking these, the modern, this because if we do too much at once, we get it all wrong, mess things up,
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risking brain damage. so let's stop this self sabotage, humans and multitasking watch. now on youtube, d. w documentary the, this is the deputy news and these are at the top stories for you as president joe biden says he will not supply his row with bombs. if it goes ahead with plans for a ground offensive in rapid bod and said, he regretted that civilians in gaza had been killed by us. made weapons, as well as continuing to carry out strikes against almost targets in rafa, in spice of international pressure. brazil is struggling to cope with the aftermath of deadly flooding. following wrinkled, breaking rain in the south of the country, place the 100 people that consent, dave and.