Rolf Breuer - 10 things to know with detail
- 1. Rolf Breuer is a German banker and former chairman of Deutsche Bank, one of the largest financial institutions in Europe.
- 2. Breuer was born on February 21, 1937 in Bonn, Germany.
- 3. He studied law and economics at the University of Bonn and later earned a doctorate in law.
- 4. Breuer joined Deutsche Bank in 1969 and held various positions within the company before being appointed as chairman in 1997.
- 5. During his tenure as chairman, Breuer oversaw the expansion of Deutsche Bank into a global financial powerhouse, with operations in over 70 countries.
- 6. In 2000, Breuer famously made a controversial statement about the financial health of the media conglomerate Kirch Group, which ultimately led to the downfall of the company.
- 7. Breuer resigned as chairman of Deutsche Bank in 2002 amid the fallout from the Kirch Group scandal.
- 8. After leaving Deutsche Bank, Breuer served on the boards of several other companies, including Commerzbank and ThyssenKrupp.
- 9. In 2012, Breuer was fined by a German court for breach of trust in connection with the Kirch Group case.
- 10. Despite the controversy surrounding his time at Deutsche Bank, Breuer is still considered a prominent figure in the German banking industry and continues to be involved in various business ventures.