On January 1 Deutsche Bank gains a new board member. Apart from the fact that he’s colourful, aggressive, and a good mathematician, with swap trading and risk management experience, he’s not much different from the patrician Deutsche bankers he’ll be joining.
But the board of Deutsche Bank have high hopes that hiring Thomas Fischer as their new chief financial officer will prove a vital step in their quest to build a global investment-cum-commercial bank. His presence is even more essential now that Deutsche has bought Bankers Trust, another piece of the jigsaw.
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