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Deutsche Bank
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Deutsche Bank AG: A Century and a Half of German Finance Deutsche Bank, a German multinational investment bank and financial services company, boasts a history stretching back to 1870, when it was founded in Berlin. Its evolution has been marked by significant mergers and acquisitions, including its...
- Company type Public
- Industry Financial services
- Founded 10 March 1870
- Founders Ludwig Bamberger, Adelbert Delbrück
- Headquarters Deutsche Bank Twin Towers, Frankfurt, Germany
- Key people Christian Sewing (CEO), Alexander Wynaendts (chairman of supervisory board)
- Revenue €31.5 billion (2024)
- Net income €4.48 billion (2024)
- Number of employees 89,753 (2024)
- Website www.db.com
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Deutsche Bank history
Last Updated : 17/03/25, 10:00 AM
Deutsche Bank: A History of Growth, Crisis, and Restructuring Founded in 1870, Deutsche Bank initially focused on financing German exports, quickly becoming a cornerstone of the nation's financial services. Early expansion included branches in major European and Asian cities, participation in signif...
DEUTSCHE BANK NEWS
‘The Trans Cafe’ launched in Pune to empower transgender community
October 07, 2025 9:12 am
The cafe will contribute meaningfully to the local economy and offer meals to underserved communities, integrating itself into the city’s social and economic fabric.
India’s economy can double in size and become $ 7 tn by 2030… next 5 years crucial for India’s trajectory: Deutsche Bank CEO
March 31, 2025 6:30 pm
India should focus on inclusive growth where rising per capita income and structural transformation drive sustainable and equitable prosperity
Russian court seizes Deutsche Bank assets as part of lawsuit
May 18, 2024 3:38 pm
The bank was one of the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions.
Deutsche Bank to cut 3,500 jobs as profit drops 30%
February 01, 2024 7:56 pm
The news came as Germany's biggest bank, seeking to put years of turmoil behind it and focus on steadier retail banking, reported a 30% drop in fourth-quarter profit that still beat analyst expectations.
Deutsche Bank tells investors some of their Russian shares are missing
June 26, 2023 4:45 pm
Deutsche attributed the shortfall to a decision by Moscow to allow investors to convert some of the DRs into local stock.
Deutsche, Citi admit anti-competitive bond market activity in UK probe
May 24, 2023 3:31 pm
Deutsche Bank and Citigroup admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said.
Deutsche Bank to offer engineering scholarships to 200 girls; check details
December 19, 2022 10:00 am
Almost 1,100 promising applications were received from aspirants studying in over 50 colleges, across the four centres. Post the completion of their course, students will also be given industry experience, support, and guidance for job placements.
Anshu Jain, Deutsche Bank chief in a pivotal era, dies at 59
August 15, 2022 6:28 am
Born in Jaipur, Jain rose to Wall Street’s highest ranks and transformed one of Europe’s most prominent lending institutions into a global trading powerhouse.
Deutsche Bank's investment banking coverage chief to depart
July 25, 2022 9:47 pm
Drew Goldman, who has held numerous leadership roles during his 22-year tenure at the German lender, wants to pursue opportunities outside investment banking, according to a memo.
UK reaffirms backing for Juan Guaido as Venezuela president ahead of $1 billion gold case
July 19, 2021 9:55 am
Legal teams representing Maduro and Guaido will be at the UK Supreme Court on Monday in the latest stage of a long-running tug-of-war over what amounts to about 15% of Venezuela’s foreign currency reserves.
