The FINANCIAL — Deutsche Bank is further expanding its presence in Berlin and is setting up an international forum for dialogue between business, politics, culture and society at its Unter den Linden premises.The exhibition space of the “Deutsche Guggenheim” will be used for this purpose along with the atrium of the building, which has also been used to host official events for a number of years.
According to Deutsche Bank, Deutsche Bank has expanded its presence in the German capital in recent years. Today, measured by the number of staff, Berlin is the company’s fifth largest location worldwide.
Deutsche Guggenheim has been a collaboration between Deutsche Bank and the Solomon R. Guggenheim Foundation since 1997 and was housed in a part of the Unter den Linden premises. The current contract with the Guggenheim expires at the end of 2012, and the Guggenheim and Deutsche Bank have made the mutual decision to close the exhibition space. Plans are underway to reformulate the relationship between the two organizations.
Beginning in 1997 under the leadership of Thomas Krens, director of the Guggenheim Foundation from 1988 to 2008 Deutsche Bank and the Solomon R. Guggenheim Foundation have together played an essential role in the increasing importance of contemporary art in Berlin. As a world-renowned corporate collector of contemporary art, Deutsche Bank and the Guggenheim Museum have shared a productive synergy. Through a joint commissioning program, new works have been created by 17 artists and exhibited at the Deutsche Guggenheim. Many works have also been shown in New York and Bilbao and some have entered the collections of both institutions. One of the foremost exhibition spaces in Berlin for contemporary art, Deutsche Guggenheim has presented a total of 57 exhibitions thus far and the Unter den Linden location has welcomed to date a total of 1.8 million visitors.
For 2012, the series of exhibitions at the Deutsche Guggenheim began with “Found In Translation,” a group show with twelve works from nine contemporary artists. Through video and film works, the exhibition explores the ways cultural difference is mediated through language. At the end of April, Roman Ondák, the Deutsche Bank “Artist of the Year 2012”, will be honoured with an extensive solo show, followed by Gabriel Orozco, with a commissioned work for Deutsche Guggenheim. The final exhibition will be devoted to the work of Cindy Sherman.