It adds to the negative overall picture of the bank, which is reeling from scandals and now apparently wants to plunge into a bad merger. Gerhard Schick More Quotes by Gerhard Schick More Quotes From Gerhard Schick The current bosses were tied too closely to the problems for them to represent a change of corporate culture. This new start should have been done when (former CEO) Josef Ackermann left, the decisions back then have led to a couple of lost years for the bank. The new management needs to clean up, particularly in investment banking. Gerhard Schick most-read-articles