Bankers rally round Deutsche Bank chief.

Financial News, September, 2003

Byline: Peter Wilson-Smith

Deutsche Bank executives and international banking colleagues in Dubai have been rallying round Josef Ackermann as the Deutsche Bank chairman has faced persistent questioning over his future.Ackermann, in Dubai for the annual meetings of the International Monetary Fund and the World Bank, has been dogged by questions about whether he will have to resign now that he is to be prosecuted in the German courts over his role in payments made to former Mannesmann directors.

The issue came up again on Sunday when Ackermann was chairing the annual conference of the Institute of International Finance (IIF), the prestigious forum for international bankers and financiers. Asked at a press conference whether he would be able to remain as...

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