Deutsche Bank
Deutsche Bank's Socialization Of Risk Culture Redux
Submitted by Tyler Durden on 05/10/2009 16:43 -0500Deepak Moorjani shares the below letter, which initially appeared in NYT's DealBook, but subsequently was taken down for reasons known, and now only a big gaping 404 hole remains in its place (http://dealbook.blogs.nytimes.com/2009/04/16/another-view-deutsche-banks-culture-of-risk/).
Deutsche Bank Chief Risk Officer Says Crisis Far From Over
Submitted by Tyler Durden on 03/30/2009 19:28 -0500Hugo Benziger, Chief Risk Officer of DB, spoke today at the Frankfurt School of Finance and Management, saying "we are in the middle of [the crisis]".
Deutsche Bank's Quant Trading Team Is Outtahere
Submitted by Tyler Durden on 02/25/2009 16:21 -0500After Boaz Weinstein blew the place up, others are refusing to pick up the shrapnel. Bberg reports that DB's entire quant trading group, Equitech, has left to start on its own. The new fund will be called Roc Capital Management, based in NY and will be run by Arvind Raghunathan. Nicola Ralston, an advisor on investing in hedge funds points out the blatantly obvious "In this environment, it’s particularly important for individuals to have reputations in order to get access to seed money."
