Dark Towers

Resumen del libro

David Enrich is the finance editor for the New York Times. Previously, he led a team of investigative finance reporters in London and New York for the Wall Street Journal. He has won several awards for journalism, and his previous book, The Spider Network, was shortlisted for the Financial Times and McKinsey Business Book of the Year Award.

Deutsche Bank’s complex and controversial history intertwines financial ambition, ethical compromises, and high-profile relationships, most notably with Donald Trump. From its risky embrace of derivatives to its entanglement in global scandals, the bank’s pursuit of profit often overshadowed caution, leading to regulatory scrutiny, internal turmoil, and public fallout. Figures like Bill Broeksmit and Anshu Jain played pivotal roles in shaping its trajectory, while Trump leveraged his ties to Deutsche for both financial support and political credibility. As the institution grappled with mounting crises, including billions in fines and leadership upheavals, its unchecked expansion and fragmented systems revealed a deeper pattern of recklessness. This chapter sets the stage for examining how Deutsche’s relentless drive for dominance ultimately became its greatest vulnerability.

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