GRUEZI FRANKFURT!
It was like the meeting of two big and powerful families, the
Medici and the Strozzi in Florence, or the Gambinos and the Bonannos in
New York. But this was April 22, 1986.
the limousines glistened at the foot of the twin glass towers. On
one of the top floors the family bosses and their entourage were holding
a summit to discuss where to share business, and where to compete around
the world.
On the one side was Rainer Gut, chairman of the board of Credit
Suisse, and on the other Alfred Herrhausen, the host, newly appointed
co-speaker of the Deutsche Bank.
Officially it was Gut's annual tour d'horizon to visit
his rivals and business counterparts in Frankfurt. But there was
tension in the air. It had been a year in which Credit Suisse directly
challenged Deutsche Bank in the very heart of its home market.
...
