Deutsche Bank Art Loan Forces Frankfurt’s Staedel Underground Businessweek

DZ Bank’s loan includes 220 photographs by 76 artists -- among them Andreas Gursky, Nan Goldin and Richard Avedon. From Deutsche Bank’s collection, the museum chose 600 works by 45 artists. Among the gems are Richter’s 1965 painting “Boat Ride.” Other artists represented are Martin Kippenberger, Sigmar Polke, Joseph Beuys and Anselm Kiefer. The loan includes an option for the Staedel to buy the art at a quarter of its value, without interest and over 25 years. It is “a way to make Deutsche Bank’s collection accessible to a greater public,” Ackermann said when it was announced. He also stressed the bank’s “special bond to Frankfurt and the Staedel Museum.”