Greenspan joins Deutsche Bank

Alan Greenspan, former chairman of the US Federal Reserve, has joined Deutsche Bank's investment banking division as a senior adviser.

Greenspan served as Fed chairman for 19 years, from 1987 to 2006, when he was succeeded by Ben Bernanke. He was praised for dealing with the aftermath of the 1987 stock market crash, and for overseeing the long economic expansion of the 1990s. He also warned of "irrational exuberance" in the equity markets in 1996, well ahead of the eventual collapse of the equity bubble in 2000-1. However, he has also been blamed for the development of a housing bubble in the US since 2001. In 2006, he was named as an honorary adviser to the UK treasury.

Josef Ackermann, Deutsche Bank's chairman, said: "Dr. Greenspan's position as one of the architects of the modern financial system gives him a unique perspective from which to help our clients make critical risk management decisions."

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here