Greed for bonuses, Wall Street culture, inability: where banking legend Joe Ackermann sees the flaws in the Credit Suisse debacle
CS veteran Josef Ackermann says in an interview that the investment bank should not simply have been left to the Americans. Wall Street culture has spoiled the bank.
Josef “Joe” Ackermann was at Credit Suisse from 1977 to 1996 and CEO of Deutsche Bank from 2006 to 2012.
