Art
Deutsche Bank Pulls Iconic Artworks From Its New York City Lobby
- Abstract canvases by Richter were fixture at 60 Wall Street
- Works by German artist could be worth more than $30 million
“Abstraktes Bild (Faust), 1981” by Gerhard Richter at Deutsche Bank’s New York headquarters.
Photographer: Nicole Bengiveno/The New York Times via ReduxThis article is for subscribers only.
A trio of large abstract paintings by artist Gerhard Richter, once a signature of Deutsche Bank AG’s cavernous lobby on Wall Street and a crown jewel of the company’s vast collection, has vanished from public view.
The disappearance of the tryptich, with its bold interplay of yellow, red and green, is just one of many recent changes at the troubled German lender, which has undertaken a sweeping overhaul that will eliminate about 18,000 jobs worldwide.