Trump, Putin & Co. - Deutsche Bank’s questionable clientele | DW Documentary
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Published 2024-05-09
In the early 2000s, Deutsche Bank wanted to make it big in Moscow. For some employees, this was something to be achieved by any means necessary: bribing Putin’s officials, brothel visits for good customers, money laundering for the mafia.
When it all came to light, this sent a shock wave through the bank: to this day, Deutsche Bank is still laboring under the burden of fines totaling billions. But the CEOs claimed total innocence. Just one of many scandals.
Other questionable deals include loans to Donald Trump. The bank’s very special relationship with the US-American real estate tycoon began in the year 1998. Trump was one of Deutsche Bank’s best customers until shortly before his 2017 presidency. The credit institute loaned him huge sums - despite his track record for business bankruptcy and a dubious reputation as a defaulting debtor.
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All Comments (21)
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Every doctor, every lawyer, every architect would lose his license. How can it be Deutsche Bank still is holding a bank license? 😮💨
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I find it incredible that Josef Ackermann is giving this interview in a nice home while wearing a nice suit - instead of giving this interview in a prison visitation room, while wearing a prison jumpsuit... and the person watching this documentary is NOT supposed to find this strange at all 🤯 We live in a mad, mad world 😣
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Deutsche Bank should be banned from conducting any business in the US. This would be catastrophic for the "dirty" institution.
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Thank you for this thorough representation of unregulated greed. Humanity must do something about the dark triads among us.
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Wasn’t Deutche Bank a key provider in helping Trump after one of his bankruptcies?
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How come no banker ever gets punished for wrong doing on such a massive scale?
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Excellent investigative journalism. Thank you.
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Why do people like Ackerman still walk free?....
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Working at Deutsche Bank in India I realized that this institution is full of bad and corrupt practices starting from hiring and training is all substandard. When you raise a concern about certain accounts the so called talent less management would overlook at it and rather put us in soup for highlighting issues. It's not a place for any honest bankers . I would never recommended this bank to anyone except if you planning to launder money easily
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How Ackerman can sit there with a straight face is pretty amazing…
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Once again stellar journalism by DW. I knew Deutsche Bank had turned into a joke, but I did not know about all the sordid details.
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Imagine the wonderful paradise this entire world could have been if not for the greed and lust for power and control over others & everything. My soul grieves.
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"I never saw anything or has it been proven!" that's an innocent man right there.
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Politicians want crooked businessmen and bureaucrats to do their job ; that is why people like Ackermann & co will never be punished . His kind survived WW 2 and flourished ; this is all so dejá vû .
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"Throughout his life he has been a terrible businessman. One failure after another. That was almost his business model." Ah. Like silver rain on a parched piece of desert land hearing her say that. Not like we didn't know, we just never heard anyone of that calibre say it out loud before.
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Traitors, thieves, criminals. Why these people are not in jail is beyond me... Blood money.
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Corruption here. Corruption there. Corruption everywhere.
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The hubris....that he accepted the invitation for an interview.
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Great explanation of DB history and its greedy leaders. Thanks for posting this.
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why on earth is this person not serving right now life in prison?
