Banks Hoard Troves of Art: Public wants to see corporate collections

  • October 26, 2009 11:05

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Deutsche Bank

The art owned by financial institutions should get out more — at the least to give the taxpayers, who have been so generous with the financial sector, an aesthetic return. Deutsche Bank is believed to own the largest corporate collection in the world, with some 60,000 pieces of contemporary art. UBS owns 40,000 pieces, and JPMorgan Chase 30,000. Combined, that approaches the Museum of Modern Art’s trove.

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