CJReport

The arrangement was initiated by Peter Hooper, who served on the Fed staff during Greenspan's tenure and is now chief U.S. economist for Deutsche Bank Securities, said the report, adding details of the contract weren't disclosed.

Greenspan will speak at conferences and attend meetings and conference calls with Deutsche Bank clients, analysts and traders -- but not with the bank's asset-management arm because of his relationship with Pimco, according to the report.

Greenspan, now 81 years old, retired in February last year after 18 years at the Fed's helm. He has spent most of his time since speaking to private audiences -- appearances that commonly yield more than 100,000 dollars -- and completing a book to be released next month.