• 02 May 2014 at 4:20 PM
  • Banks

But Who Will Jürgen Fitschen And Anshu Jain Hang Out With?

Deutsche Bank’s CEOs will still be allowed to show their faces at the St. Petersburg International Economic Forum, because German businessmen—familiar as they are with protecting their own abroad—don’t see any reason why imperial irredentism should get in the way of making money. But they’re gonna have a hard time finding other bank chiefs to have caviar fights with.

The White House is lobbying top U.S. corporate leaders to spurn Russian President Vladimir Putin by canceling attendance at an economic conference in St. Petersburg later this month….

Goldman Sachs Group Inc. Chief Executive Officer Lloyd C. Blankfein probably won’t attend, according to a person briefed on the matter, and Morgan Stanley CEO James Gorman is canceling his plans, another person said….

Citigroup CEO Michael Corbat will send lieutenants in his place, the company said last week….

The U.S. government also won’t be represented in St. Petersburg. “No one is going” from the administration, Hayden said in an e-mail. Typically, officials from the Commerce or Treasury Departments and U.S. Trade Representative’s office would attend, she said.

White House Wants Wall Street to Skip Russian Eco Summit [Bloomberg]
German Businesses Urge Halt on Sanctions Against Russia [WSJ]

1 comment (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (1)

  1. Posted by German | May 5, 2014 at 12:32 PM

    "German businessmen—familiar as they are with protecting their own abroad—don’t see any reason why imperial irredentism should get in the way of making money" ironically, this pretty much sums up how the US are seen in Germany after the recent Iraq war