Facts and Figures

The Deutsche Bank Collection

Nearly 30 years ago, Deutsche Bank began acquiring works by young artists. Consisting of more than 53,000 works today, the Deutsche Bank Collection is one of the world’s largest corporate art collections. Deutsche Bank presents works from its collection worldwide in its own exhibitions and loans them to interested museums. In addition, it shows works in its buildings and in the offices of its employees around the globe – providing inspiration for new and better solutions in business. The motto is: fostering creativity. For creativity is a source of innovation, growth, and added value – in art and business alike.

With numerous competitions and awards, Deutsche Bank motives people in a targeted way to realize top creative achievements. Last year, Deutsche Bank invested some 20 million euros to promote art and creativity.

The joint venture between Deutsche Bank and the Solomon R. Guggenheim Foundation in New York is unique worldwide and has set standards.

In the future Deutsche Bank intends to make the artworks in its collection even more public. In addition, it will increasingly flank its collection with cultural education programs both inside and outside the bank.

With its increasing global presence, Deutsche Bank is continuing to drive the internationalization of its collection forward and in the process focusing on works by artists from developing and threshold countries. Deutsche Bank’s goal is to optimize its collection and keep it lively by acquiring young art and by occasionally selling individual works.

The Städel Museum’s collection and its synergies with the Deutsche Bank Collection

The Städel Museum possesses a collection of art consisting of some 2,700 paintings, 600 , and around 100,000 works on paper. The permanent loan of works from the Deutsche Bank Collection is an excellent and significant expansion of the Städel’s collection of art since 1945. The Städel began collecting artworks right after the end of World War II and stepped up its collecting activities starting in the 1970s.

As a result, the Städel consistently complied with the task it set itself when it was founded in 1815, namely to collect contemporary art, in the 20th century as well. The

2 museum possesses major works by Alberto Giacometti, Yves Klein, Francis Bacon, Anselm Kiefer, Jörg Immendorff, A.R. Penck, , Emil Schumacher, Jean Dubuffet, Antoni Tàpies, Dan Flavin, Lucio Fontana, Richard Serra, and many others. And recently through gifts and purchases it has additionally acquired important works by Martin Kippenberger, Carsten Nicolai, Daniel Richter, Eberhard Havekost, , William Kentridge, and others.

The additions from the Deutsche Bank Collection will significantly bolster the museum’s collection of German paintings from the 1960s to the 1990s and will set important accents. From now on, central personalities of German postwar art such as Georg Baselitz, Markus Lüpertz, , and Gerhard Richter will be represented in the collection with a wide spectrum of works. In addition, the collection will now include paintings by artists such as Günther Förg, Imi Knoebel, Dieter Roth, and Heinz Mack, who had not been represented in the Städel’s collection previously or had been represented exclusively in the museum’s collection of prints.

The Städel has also continuously increased its collection of prints, which today number around 100,000, and today houses more than 5,000 prints and drawings made since 1945. This important collection will be considerably expanded by works from the Deutsche Bank Collection. It will obtain new extensive sets of prints by Hanne Darboven, Günther Förg, Imi Knoebel, Sigmar Polke, Gerhard Richter, and , among others. One of the highlights in this connection is the complete prints of Blinky Palermo.

In addition to prints made using different techniques, originals on paper are an important component of the open-ended loan. In the future, the Stadel’s print collection will be stringently extended by groups of works by Richard Artschwager, Georg Baselitz, Thomas Bayrle, Joseph Beuys, Marcel Broodthaers, Martin Kippenberger, Markus Lüpertz, Sigmar Polke, Arnulf Rainer, Gerhard Richter, and Thomas Schütte.

The 600 works will be transferred from Deutsche Bank to the Städel Museum in the form of a permanent loan. In addition, the museum has been given the option of buying the works at a quarter of their current price over a period of 25 years, in equal tranches, without having to pay interest. As a result, the bank has ensured that the works will remain in the Städel’s collection in the long term.

In appreciation of this important donation, the Städel Museum will name certain gallery rooms of the extension “Deutsche Bank Gallery”. In the rooms, initially principal works from the Deutsche Bank Collection as well as artworks from the 1960s, 1970s, and 1980s will be on view in changing presentations whose content will be conceived by the Städel Museum. Works from the Deutsche Bank Collection will also be shown in other Städel gallery rooms and in exhibitions held at the Städel and other venues.

A first glimpse is offered by the exhibition at the Städel entitled “The Deutsche Bank Collection at the Städel Museum: First Choice” which will be open to the public from October 2 to November 9, 2009.

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The extension of the Städel Museum

The Städel Museum’s collection has been housed in the building on Schaumainkai, which was built by Oskar Sommer, a student of Semper, since 1878. Since then, there have been several stages of modernization. Today the structural, spatial, and functional limits have once again been reached. In order to meet the requirements of adequate presentation above all of art since 1945, as well as to be able to carry out the additional tasks of a modern museum, the Städel is planning an extension which with a total of approximately 3,000 square meters of additional presentation space will be able to house more works and will create new exhibition possibilities.

In September 2007 the Städel announced a cooperative realization competition to which eight distinguished German and international architects respectively architectural teams were invited. In February 2008, an international jury selected the design of the Frankfurt architectural office Schneider+Schumacher as the winner.

With their design, which envisages a large space above the Städel garden which is to be used for the presentation of art since 1945 and whose ceiling openings extend in a memorable pattern above the surface of the garden and provide the hall with natural light, Schneider+Schumacher are setting a striking example which fits self-confidently into the urban planning context. The extension is scheduled to be completed at the end of 2010 or the beginning of 2011.

Historical connection between Städel and Deutsche Bank

Deutsche Bank and its art collection have close historical ties with the Städel Museum. Klaus Gallwitz (the director of the Städel from 1974 to 1994) advised Herbert Zapp, a Deutsche Bank Management Board member in the 1970s and the founder of the Deutsche Bank Collection, and thus made a substantial contribution to the organization and conception of the art collection. From 1981 to 1991, Gallwitz was a member of Deutsche Bank’s art purchasing committee.

Hermann Josef Abs, the Deutsche Bank Management Board spokesman for many years, was a member of the Städel Administration from1966 until his death in 1994 and the chairman of the Städel Administration for 24 years. He was replaced in his capacity as a member of the Städel administration by Hilmar Kopper, the spokesman for the Deutsche Bank Management Board at the time. Deutsche Bank has supported numerous Städel Museum projects and exhibitions up to the present day.

Further information is available at: www.deutsche-bank.de/csr www.db-artmag.de www.staedelmuseum.de