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The new British boss of this 400-year-old German bank looks to the US for growth
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For much of its 430-year history, Germany’s oldest bank, Berenberg, has stuck close to home. Now, the conservative, privately-owned firm has entered new territory - putting an Englishman at the helm.
David Mortlock, its 45-year-old head of investment banking, was installed as one of two new managing partners on 1 September — the first non-German to take the top job at Berenberg in more than four centuries.
Mortlock...
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