Receive free Deutsche Bundesbank updates We’ll send you a myFT Daily Digest email rounding up the latest Deutsche Bundesbank news every morning. Germany’s central bankers are up in arms over a management consultant group’s “modernisation” plan for the Bundesbank, which aims to cut hundreds of jobs and overhaul work practices as the institution attempts to defuse political criticism of its mounting losses. Unrest has been bubbling at the Bundesbank, a conservative and secretive pillar of the German establishment, since Joachim Nagel became its president last year and it hired Boston Consulting Group to make it more agile and efficient, several people familiar with
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