Former Deutsche Bank CEO Rolf Breuer Passes Away at 86

Breuer's Name Linked to Kirch Media Bankruptcy

Rolf Breuer, the former chief executive and later supervisory board chairman of Deutsche Bank, has passed away at the age of 86. His name remains associated with the controversial Kirch media bankruptcy case.

Breuer's Role in Kirch Bankruptcy

In an interview, Breuer made a statement that many believed contributed to the downfall of Kirch's media empire. He later claimed that his words were taken out of context and that he had not intended to harm Kirch.

Deutsche Bank's Liability

The Kirch family sued Deutsche Bank for damages, arguing that Breuer's comments had damaged Kirch's reputation and contributed to his financial ruin. A court ruled in favor of the Kirch family, ordering Deutsche Bank to pay compensation.

Breuer's Defense

Breuer maintained that his statements had been misinterpreted and that he had not intended to cause any harm to Kirch. He described the accusations against him as "outrageous and defamatory."