Former Federal Reserve Chairman Alan Greenspan has been retained as a senior adviser to Deutsche Bank AG’s corporate and investment bank unit, according to a report in the Wall Street Journal.
Peter Hooper, who served as a Fed staffer during Greenspan’s tenure and is now chief U.S. economist for Deutsche Bank Securities, spearheaded Greenspan’s appointment as an adviser, the newspaper reported.
Greenspan retired earlier this year after nearly two decades at the helm of the Federal Reserve, during which time his name became more-or-less synonymous with the powerful board.