This week’s successful conclusion of the Trans-Pacific Partnership (TPP) negotiations is a major historical milestone. It is the first part – along with the Transatlantic Trade and Investment Partnership (TTIP) – of the U.S. Administration’s strategy to create updated rules for the global economy that take account of important new phenomena like global value chains, …Read More
Eight months after the Berlin Wall came down, Deutsche Bank returned to Eastern Germany. Our bank was founded in Berlin in 1870, but Soviet forces had closed all our branches in their zone of occupation following World War II.
Those who remember the heady days of 1989 in Europe will recall a breathtakingly fast pace of change. The chain of events in Eastern Europe seemed like a volcanic eruption of citizens and governments—an eruption that would change the contours of the continent in ways many had hoped for, but few expected in their lifetimes. In retrospect, it was in large measure set in motion by ordinary citizens who changed the course of history. The ripples of those days are still being felt today—a quarter of a century later.