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Outgoing Deutsche Bank CEO Discusses Europe's Future

Washington, DC
Monday, June 4, 2012

The Atlantic Council hosted a discussion on Europe’s fiscal and economic future with Dr. Josef Ackermann, chairman of the management board and the group executive committee of Deutsche Bank.

Ackermann sat down for an interview with Atlantic Council President and CEO Fred Kempe.

The conversation focused on  the “growth vs. austerity” debate in Europe, ongoing issues in Greece and problems in Spain, as well as the future of the Euro.

As both CEO of Deutsche Bank and chairman of the Institute of International Finance, Ackermann regularly consulted with German Chancellor Angela Merkel and has been involved in negotiating Greece’s private debt write-off on behalf of its creditors throughout the European debt crisis.

Ackermann is leaving Deutsche Bank after a decade of as its leader. He will be replaced by co-CEOs, Anshu Jain and Juergen Fitschen.

Updated: Monday, June 4, 2012 at 7:32pm (ET)

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