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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.
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.