Chairman steps down from Zurich Insurance in wake of CFO death

FRANKFURT, Germany, Aug. 29 (UPI) -- The chairman of Zurich Insurance Group in Germany said he was quitting in the wake of a top executive's apparent suicide.

Bomb sent to German bank was functional

FRANKFURT, Germany, Dec. 8 (UPI) -- Authorities said Thursday a suspicious package sent the executive offices of Deutsche Bank in Germany contained a real bomb.

Deutsche Bank staff to share tax pain

LONDON, Dec. 18 (UPI) -- Deutsche Bank said it would apply a British tax targeting bank bonuses to its staff around the world to avoid having staff at only one location penalized.

Deutsche Bank CEO in trouble

BERLIN, Oct. 22 (UPI) -- One of Germany's top bankers has drawn the anger of the German government after indirectly criticizing its $680 billion bailout package.

Deutsche Bank posts second-quarter profits

FRANKFURT, Germany, July 31 (UPI) -- Deutsche Bank, the largest bank in Germany, posted $1 billion in profits in the second quarter in spite of massive write downs, the bank said.

German banker calls for government help

FRANKFURT, Germany, March 18 (UPI) -- The head of Germany's largest bank has called for an international group to monitor the global financial crisis and asked for government help.

Deutsche Bank: Global markets stabilizing

FRANKFURT, Germany, Sept. 4 (UPI) -- The chief executive officer of Germany's Deutsche Bank AG said Tuesday he saw signs global financial markets were stabilizing.

Deutsche Bank head headed back to court

KARLSRUHE, Germany, Dec. 21 (UPI) -- Germany's Federal Court of Justice Wednesday ordered the head of Deutsche Bank AG to stand trial a second time in an executive bonus scandal.

Deutschebank hunting for mergers

FRANKFURT, Germany, June 14 (UPI) -- The head of Deutsche Bank AG, Germany's largest bank, says he wants to pursue mergers and acquisitions with other banks, inside or outside the country.

Deutsche Bank to fire 4,800 workers

FRANKFURT, Germany, Feb. 4 (UPI) -- Germany's Deutsche Bank expects to take a $911 million charge this year to cover 4,800 job cuts and other efficiency measures.

Deutsche Bank head: Mergers to come

MANNHEIM, Germany, March 30 (UPI) -- Deutsche Bank head Josef Ackermann said major bank mergers are unavoidable, but said he prefers inter-European to transatlantic partnerships.

No takeover fears at Deutsche Bank

FRANKFURT, Germany, Feb. 5 (UPI) -- German Deutsche Bank head Josef Ackermann touted his company's improved yearly profits and said he is not afraid of a corporate takeover.

Trial of Germany's top banker begins

DUESSELDORF, Germany, Jan. 21 (UPI) -- German prosecutors Wednesday opened a trial of their country's top banker by defending the legality of the indictments.

Deutsche Bank chief mulling resignation

FRANKFURT, Germany, Sept. 19 (UPI) -- An executive of Germany's largest bank is considering resigning after a court said Friday he must face charges of approving large bonuses to bank executives.

Executive business Brief

Here are some of Thursday's top business stories:
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Josef Ackermann
Josef Ackermann, chairman of the Institute of International Finance's Board of Directors and CEO of Deutsche Bank, speaks as part of the National Press Club's Newsmaker series in Washington on July 17, 2008. (UPI Photo/Jack Hohman)

Josef Ackermann (born February 7, 1948) is a Swiss banker and CEO of Deutsche Bank.

Josef Ackermann agreed at the end of 2009 to continue as chief executive of Deutsche Bank for another three years until 2013.

Ackermann is a graduate of the University of St. Gallen (HSG). He was born in Mels, Canton of St. Gallen, Switzerland.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Josef Ackermann."
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