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Greenspan said to advise Deutsche Bank

Former Fed Chairman will advise the German bank's corporate and investment bank unit, according to the Wall Street Journal.

August 13 2007: 4:05 AM EDT

LONDON (CNNMoney.com) -- Deutsche Bank is expected to announce Monday that it has hired former Federal Reserve chief Alan Greenspan as a senior adviser, according to a published report.

The Wall Street Journal said Greenspan will advise the German bank's corporate and investment bank unit.

Peter Hooper, who worked at the Fed under Greenspan and now serves as chief U.S. economist for Deutsche Bank Securities, initiated the arrangement, the newspaper said.

Greenspan spent more than 18 years at the helm of the nation's central bank. His tenure as Fed chairman ended on Jan. 31 last year. Top of page
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
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