Deutsche Bank, headquartered at Frankfurt in Germany, ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management. It is one the world’s leading international financial service providers with roughly EURO 2.2 trillion in assets and approximately 80,000 employees. Deutsche Bank is listed on the Frankfurt (FWB) and New York stock exchanges (NYSE).
Products and Services
The bank operates in Investment banking, Commercial banking, Retail banking, Private banking, and Asset management The bank’s business model has two pillars, the Corporate & Investment Bank (CIB) and Private Clients & Asset Management. CIB of Deutsche Bank has established itself as one of the world’s leading investment banking houses and is a major contributor in Deutsche Bank’s profitability. It conducts sales and trading of debt and equity, derivatives and other innovative products.
Private Clients & Asset Management (PCAM) is comprised of Private Wealth Management, Private & Business Clients and Asset Management. Private Wealth Management is the bank’s private banking arm, serving high net worth individuals. The bank has retail banking network which has grown significantly over the past few years
Financial products and services are offered by the bank for corporate and institutional clients along with private and business clients. One can avail services including sales, mergers and acquisitions ((M&A), trading and origination of debt and equity, risk management products such as derivatives, transaction banking, corporate finance, wealth management, retail banking, and fund management.
Deutsche Bank is expanding its business in markets such as the Middle East, Latin America, Central & Eastern Europe and Asia Pacific.
Coming into Being
Deutsche Bank was founded in 1870 in Berlin to facilitate trade relations between Germany, other European countries and overseas markets. Today it has presence in more than 70 countries.
Deutsche Bank in India
Deutsche Bank started its operations In India in 1994. Presently, Deutsche Bank operates with staff strength of more than 500 people through its five full-fledged branches in Mumbai, Delhi, Bangalore, Chennai and Kolkata.
Deutsche Bank Twin Towers