Deutsche pulls out stops on Barca night
Is it time to sell when Deutsche Bank’s securitisation bosses think that a fitting thank you to their clients is to fly the UK pop group Sugababes to perform for 600 at a specially arranged dinner at a country estate outside Barcelona?
This was a big bucks affair and make no mistake. The drink flowed, the babes strutted their stuff and spirits among the male diners were notably raised. (It is worth noting for future gigs that the securitisation sector of the industry is one of the few with a reasonable quantity of women involved whose taste may not be so sweet.)
Deutsche’s securitisation team may only have been trying to outdo their high yield colleagues who had Duran Duran perform for them at a recent London event. In this aim, they were no doubt successful but, at the risk of being a killjoy, hiring the Sugababes for a bash seems to suggest that meltdown is just around the corner.
