Forbes Magazine names the top corporate art collections, exploring the intentions and purposes behind these corporate acquisitions. With the criteria that “the best collections use art to improve lives and to educate,” UBS, Deutsche Bank, Bank of America, and JPMorgan Chase are among the top corporations of Forbes’ list.
Deutsche Guggenheim via Artnet
After 14 years of collaborative exhibitions, Deutsche Bank and the Solomon R. Guggenheim Foundation are set to re-envision the current Deutsche Guggenheim contemporary art space as a place for political and corporate conferences. The decision was announced via email, by stating that the joint contract expires at the end of this year. Comments by Deutsche Bank’s CEO Josef Ackermann and Guggenheim Museum and Foundation Director Richard Armstrong confirmed the conceptual departure.