Thursday, May 26, 2011

Goldman Sachs Challenged to a Fight

According to the Wall St. Journal, the CEO of Germany’s Deutsche Bank said today he could break Goldman Sachs’ nearly perennial post as the world’s top investment bank, reported Deal Journal colleagues Eyk Henning and Ulrike Dauer.

Deutsche Bank has a ways to go to catch the Squid. Goldman is No. 1 in terms of the volume of deals on which the Wall Street titan advised. Deutsche Bank is No. 5.

Maybe CEO Josef Ackermann should be more concerned about the leadership vacuum at his company?


Read more at http://blogs.wsj.com/deals/2011/05/26/goldman-sachs-smackdown/?mod=WSJ_markets_liveupdate

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