“In Dark Towers, David Enrich tells the story of how one of the world’s mightiest banks careened off the rails, threatening everything from our financial system to our democracy through its reckless entanglement with Donald Trump. Darkly fascinating and yet all too real, it’s a tale that will keep you up at night.”
— John Carreyrou, Pulitzer Prize winner and New York Times bestselling author of Bad Blood
A searing exposé of the most scandalous bank in the world, including its shadowy ties to Donald Trump’s business empire
On a rainy Sunday in 2014, a senior executive at Deutsche Bank was found hanging in his London apartment. Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much.
In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law.
Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein.
Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.
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“A mystery, a thriller, a father–son drama…[and] a distinctly American drama of greed, hubris, and power that kept me racing to the finish.”
— James B. Stewart, #1 New York Times bestselling author
“A jaw-dropping financial thriller.”
— Philadelphia Inquirer“Enrich delivers a master class in financial sleuthing…A first-rate read.”
— The Guardian (London)“A revelatory book about the rise and fall of the world’s biggest bank…Has all the elements of a page-turning mystery novel.”
— Washington Post“Darkly fascinating and yet all too real, it’s a tale that will keep you up at night.”
— John Carreyrou, Pulitzer Prize winner and New York Times bestselling author“In this masterful account of a bank gone bad, David Enrich turns financial journalism into gripping, page-turning crime reporting.”
— David Corn, #1 New York Times bestselling author“The framing of responsibility versus complicity drives Enrich’s subtle and exhaustive exploration.”
— Barron’s magazine"[An] excellent, deeply reported book.”
— NPR“Part expose, part mystery, Enrich’s account is important because it illuminates Deutsche Bank’s excesses and Trump’s business practices.”
— Library Journal (starred review)Be the first to write a review about this audiobook!
David Enrich is an author and the finance editor at the New York Times. He has won numerous journalism awards, including the 2016 Gerald Loeb Award for feature writing. His first book, The Spider Network: How a Math Genius and Gang of Scheming Bankers Pulled Off On of The Greatest Scams in History was shortlisted for the Financial Times Best Book of the Year award. He previously was the financial enterprise editor of the Wall Street Journal, heading a team of investigative reporters. Before that, he was the Journal’s European banking editor, based in London and a Journal reporter in New York.
B. J. Harrison is an award-winning audiobook narrator of over seven hundred titles.