The Magazine of Corporate Responsibility

Tag Archive for ‘P.T. Barnum’

Deutsche Bank Lawsuits: The Question of Trust

Deutsche Bank AG was sued last week by the City of Los Angeles, which called the world’s fourth largest bank one of the city’s largest slumlords. The bank was also sued by the federal government on separate charges of fraud and lying to benefit from mortgage insurance offered through a subsidiary. Columnist Gael O’Brien thinks both cases say a lot about the destruction of trust – a quality needed by business in the long-term.