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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
Taiwan punishes Deutsche Bank, others in currency speculation case
February 08, 2021 2:42 pm
Taiwan's central bank announced its probe into the case last month, which it said involved eight grain-trading companies.
Deutsche Bank forecasts another 100 basis points of Federal Reserve rate cuts
September 11, 2019 8:21 am
The Federal Reserve cut rates for the first time in more than a decade in July as it tried to insulate the United States from President Donald Trump's trade war and a global slowdown.
Deutsche Bank's problem derivatives cloud recovery: report
July 24, 2019 7:50 am
Sewing said earlier this month that Deutsche, Germany's largest lender, would set up a bad bank to house the assets, which include equity, credit and interest-rate derivatives.
Deutsche Bank careers end in an envelope, a hug and a cab ride
July 09, 2019 10:01 am
Deutsche Bank plans to close all of its equity trading business and cut some parts of its fixed income operations, in an overhaul expected to lead to 18,000 job cuts.
FBI eyes Deutsche Bank after money-laundering report
June 20, 2019 7:51 am
Banks are required to report certain suspicious transactions to the Treasury Department but have discretion over what triggers a report. Transactions are typically vetted at several levels at banks and many are ultimately not sent to Treasury.
Trump activity raised red flag inside his bank
May 20, 2019 1:59 pm
When Trump became president, he owed Deutsche Bank well over $300 million. That made the German institution Trump’s biggest creditor — and put the bank in a bind.
A Mar-a-Lago weekend and an act of God: Donald Trump’s history with Deutsche Bank
March 19, 2019 9:35 am
Trump and Deutsche Bank were deeply entwined, their symbiotic bond born of necessity and ambition on both sides: a real estate mogul made toxic by polarizing rhetoric and a pattern of defaults, and a bank with intractable financial problems and a history of misconduct.
Frankfurt prosecutor says Deutsche Bank raid continues for second day
November 30, 2018 6:24 pm
The large volume of material being examined meant the search was still going on, prosecutors said, adding that offices of board members were included in the search without giving further details.
Deutsche Bank offices raided in money laundering probe
November 29, 2018 8:16 pm
The prosecutors said they are looking at whether Deutsche Bank may have assisted clients to set up offshore companies in tax havens so that funds transferred to accounts at Deutsche Bank could skirt anti-money laundering safeguards.
Panama Papers Probe: Deutsche Bank Headquarters raided
November 29, 2018 4:50 pm
In an emailed statement, Deutsche Bank confirmed that police are investigating at several German locations in relation to Panama Papers, and said it is fully cooperating with authorities.
