Former Finance Minister Returns to Banking.
Jörg Kukies, the last German finance minister, is leaving politics to work for Morgan Stanley. He is moving to the United States. This is a change for Germany’s financial industry.
Jörg Kukies spent seven years as Germany’s finance minister. He was part of the ‘traffic light’ coalition government. He has now been hired by Morgan Stanley, a large investment bank in the US. This move follows his time in government. Experts say this shows a change in the German financial world.
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Highlights
Kukies Returns to Banking
Jörg Kukies, the last German finance minister, is joining Morgan Stanley.
End of Political Career
He finished his seven-year career in politics.
Shift in German Finance
This move shows a change in Germany’s financial sector.
Top Position at Morgan Stanley
Kukies has been appointed to a top job.
Previous Role as Finance Minister
He previously served as a federal finance minister.