Page 19 - 銀行家雜誌第83期
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ఃk݊ᅊk қვБආɝߵږፄ̹ఙڋϋ ࠥə 5%fШࣛٙვБੂБ
1870 ϋ݊ɓࡈܢᄌᜊʷٙ ԨʔනлdԟҁΌ̤݊ɓ၇ږ ڗ Rolf-E. Breuer ۍ̂တڦːٙ
ϋܓfவɓϋdරږ࿁ͣვٙ ፄ˖ʷdᔊఊٙႭ݊ږፄҳዚ ႭjყɪᒔӚϞɓڢߕ
ᄆࣸක 1:16 Ց 1:17d ˖ʷfᅙ࣬ܔబίԫʹࣛ ٙვБd྅ᅃจқვБԟᅵ
ޟЇһεd್ܝකෆΌଢ ٙڽᎈdၾᘌᔫςجٙෂ୕ ίߕ͉ɺኹϞவᅵٙᅼf
ٙϓڗf௴፬ 1870 ϋ ᅃ˖ʷࣸࣸʔɝdೌجᅃ வ݊ୋɓϣɓࡈᆄݲٙၝΥ
ٙᅃจқვБɓකఱ̂တ ᐼટաdޟЇεᅃვ ვБණʕІʉٙৌɢձ၍༸d
Όଢଫdϓͭ 2 ϋܝఱίɪ БேᛓʔᏑߵვБٙږ ˸ІʉतϞٙঐɢձ᜕d˸
ऎeዑᏵeࡐഃϓͭʱБd ፄႧԊf வᅵٙᅼdͭԑߕf
Ԩί˰ޢҳ༟᚛༩ഃɽۨ ཀ 5 ϋᆠԒdᅃจқვБ ᅃจқვБཀ 10 ϋዧ
ධͦf1914 ϋجᚆд၅ කආࠏ˰ޢږፄʕːߕॲ dɓࡈᅃ͉ɺٙਠุ
జ၈މ˰ޢୋɓɽვБd̥ ߒfίࣛٙॲߒdᅃจқვ ვБdᔷۨϓ˰ޢॴٙږፄ
̙ᅃίɓϣɽeɚϣɽ Бɽขඪਃ৷ɽd̙ί 911 ̶ᝠd༺Ց 9,000 ᄂᆄʩٙ
ᏘdԴᅃจқვБԐ̈ ࢵԫʕ˴ʱᘌࠠ ϋʹᕘd2015 ϋʊϓމ˰
ყٙ༸༩৾˟f ์dೌجΎ͜f1995 ϋᅃจ ޢୋɧɽҳ༟ვБdɰ݊˰ޢ
ٜՑ 1989 ϋdࣛٙვ қვБ˸൴৷ᑚܱԸߕߕ؍ ௰ɽ̮ٙිʹვБdᅃจқ
БੂБڗe59 ๋ٙ Alfred ვБ(Merrill Lynch)ٙ ვБٙࠃ͛ପۜࡑЗʩ݊ᅃ
Herrhausen ݊ЗܘϞٟึப ॴვБ Edson MitchelldႭ GDP ٙ 20 ࠴dኹϞᆄݲ௰
ชٙვБd˼ɓ˙ࠦ̈ᅃ Չɓɛٙϋᑚఱ൴ཀהϞ 12 ɽٙࠃ͛ʈՈࡑЗʩf2000
จқვБࠅಯеமѢٙව ЗᅃจқვБᐼଣԫ(包括 ϋٙᙊлd50% ԸІҳ༟ვ
ਕi̤ɓ˙ࠦd˼ʔတจᅃจ 執行長)ٙᐼձf௰ᜓɛٙ Бʱi2007 ϋٙᙊлʕd
қვБԱᔚ҅ࠢίᎷႅe൲ಛ ݊dMitchell ٙఱΝࣛ੭Ը 70% ԸІҳ༟ვБfᅃจқ
ٙෂ୕ਠุვБᅼόdഹვ 50 Зږፄਖ਼dՉʕܼ̍Ιܓ ვБᛨශٙႭ̴ϓ̌ᔷۨމҳ
БڭςݼٙᏀɢdࠅਗ਼ᅃจқ ɛ Anshu JaindܝԸ˼ᜊϓᅃ ༟ვБf
ვБ̋੶אᔷΣҳ༟ვБd จқვБੂБڗeɰ݊ኬߧவ ვБᒃ፺ədШࠬᎈɰᄣɽ
ԫɽᅼٙყΆุ൯ርeᗇ ϣᅃจқვБΚዚٙ˴ԉ(見 ədһࠠࠅٙ݊Άุ˖ʷɰ೯
Վʹf 錢躍君,德意志銀行:一個銀 ͛əଉՍᜊʷfၾෂ୕ᅃɛ
ࠅආɝყږፄ̹ఙd 行帝國的震塌,2016 年 10 ٙᘌᔫЪࠬˢdତίٙვБ
ࠅˏɝෂ୕ᅃהॹ˶ٙߵ 月 15 日)f ଣࡁϞһɽٙڽᎈၚग़dவ
ږፄ˖ʷf1989 ϋ 11 ˜ 1999 ϋᅃจқვБɦ˸৷ λЧ݊λԫdՉྼʔ್fᅃจ
27 ˚˼܁̺dᅃจқვБਗ਼ ᄆ 98 ᄂߕʩ൯ɨϵϋϼֳe қვБ˸ʃรɽdًЧϓ̌d
˸ 27 ᄂ৵дԻᒅߵٙ 150 ߕୋɞɽҳ༟ვБڦѿვБ Шν؈༾Ցࠬتdνجܛ٧ॸ
ϋϼֳeҳ༟ვБᅙ࣬ܔబ (Bankers Trust)fΪމ৷ᄆᒅ ձၮಛdვБݴਗ༟ږఱึ̈
(Morgan Grenfell)fШᅃจ ൯dኬߧᅃจқვБٰٙ࠽ɨ ତྤf
̨ᝄვБ 2016.11 ˜ 19

