Deutsche Bank AG is a
multinational bank with representatives and affiliates in 58 countries all
around the globe. The bank’s HQ stands in Frankfurt, Germany.
In the year 2018, The
bank has become the 15th largest bank on the planet by total assets. It is also
the largest banking institution in Germany by a large margin.
Areas of expertise
Deutsche Bank stands
on three whales – its CIB, DWS, and Private & Commercial Divisions.
Additionally, the bank has many world-class experts like Dr. Boaz Schwartz in its
investment banking operations team that commands a fairly substantial deal
flow.
CIB or the Corporate
and Investments division is responsible for:
- -
advisory, acquisition, and merges of corporate finance
- -
trading and sales of securities
- -
global transaction banking
- - provision of banking products for international payments, security services, and cash management
- -
R&D
The DWS or the
Deutsche Asset Management division is responsible for:
-
holding and managing the majority stake in the DWS Group
And the private and
commercial banking division deals in:
-
wealth management for high-net-worth individuals and/or families
-
and being the local/international retail bank operating on branches from
Germany, Spain, India, Belgium, Portugal, and Poland.
History
Deutsche Bank was
first founded in Berlin in 1870. Back in the day, the institution was a
stellar foreign trade financer with the primary task of promoting German
exports. Most of the bank’s clients were prominent industrialists and, as such,
it has played a major role in developing Germany’s industry.
Deutsche Bank today
Deutsche Bank keeps
with its tendency of leaning towards innovation even today. It supports
countless tech-oriented initiatives and is one of the founding members for the
joint venture – AUTO 1 FinTEch alongside the Allianz, and the AUTO 1 Group.
The Bank has closed
2018 with 25.3 Billion Euros in revenue, and 0.11 on the dividend.
תגובות
הוסף רשומת תגובה