The article examines the genesis, perception and handling of the staffing and governance problems of Deutsche Bank, which stemmed from its entry into international investment banking in the mid-1980s and which have remained virulent into the bank's recent past. Why was it not possible to prevent...

We investigate valuation of volatility sensitive interest rate derivatives like the derivatives involving LIBOR or swap rates in arrears. The paper studies several alternatives of the standard convexity adjustment formula, in particular, a precise analytical formula based on an assumption of...

The purpose of this presentation is to trace some of the key developments of Deutsche Bank's over 130-year-long history with American markets in order to draw or reinforce some observations about 21st century financial architecture, specifically about the roles played by financial intermediaries...