Former Dresdner Bank CEO has died

Carnation

Sad to report.

Bernhard Walter, the chief executive officer Dresdner Bank during its failed merger with Deutsche Bank in 2000, has died. He was 72.

Bloomberg News reports that Walter was Dresdner’s CEO from 1998 to 2000, when he resigned following the collapse of the planned $29bn acquisition by Deutsche Bank, its crosstown rival

'I’m not taking responsibility for the failure of the merger', Walter said upon his resignation.

Walter was born on March 3, 1942, in the western German town of Markgroeningen, according to the online database Munzinger. He trained as a bank clerk at Dresdner Bank in the German cities of Ludwigsburg and Stuttgart in the late 1950s. While working, he studied business at the Wuerttembergische Verwaltungs- und Wirtschafts-Akademie in Stuttgart.

To access the complete Bloomberg News article hit the link below:

Bernhard Walter, Former Dresdner Bank Chief, Dies at 72

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