The German bank sold a Giacometti sculpture it bought in 1980 for 65 mln stg, an art auction record. The result compares favorably with the $3 bln-plus it spent on Kleinwort Benson and Wasserstein Perella - both now worth pfennigs on the D-mark. Art has again trumped commerce.Sign up to read the rest of this subscriber-only content, or if you are already a member please sign in here.
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