Deutsche Bank AG

Deutsche Bank AG

▪ German bank
      German banking house founded in 1870 in Berlin and headquartered since 1957 in Frankfurt am Main. One of the world's largest banks, it has a number of foreign offices and has acquired controlling interests in several foreign banks in Europe, North and South America, and Australia.

      The first bank was licensed by King William I of Prussia on March 10, 1870, and it began operation in Berlin on April 9. Branches were opened in Bremen in 1871, in Hamburg, Shanghai, and Yokohama, Japan, in 1872, and in London in 1873. By the end of the century, it had absorbed a number of other German banks and multiplied its capital about 10-fold under its managing director Georg von Siemens. More mergers were capped in 1929 by the amalgamation of Deutsche Bank with its older rival, DiscontoGesellschaft. After experiencing difficulties at the onset of the Great Depression, the company prospered hugely under the Nazi regime.

      With the collapse of the Third Reich, Deutsche Bank's offices in Berlin and eastern Germany were closed by the Russian occupation forces or were expropriated; branches in western Germany were “decartelized,” coalescing in 1947–48 as 10 independent banks. As the Cold War progressed and as the economic growth and cooperation of what by then was West Germany became a priority, the North Atlantic Treaty Organization reduced its opposition to West German economic consolidation. By 1952 the 10 banks had been reduced to 3; and in 1957 the 3 successor institutions were reunited to form a single Deutsche Bank AG. The bank made several significant acquisitions in the 1990s, including U.S.-based Bankers Trust. Its primary interests are in Europe, and it has additional operations in Asia, North America, and South America. By the early 21st century, it served more than 12 million customers in more than 70 countries.

* * *


Universalium. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Deutsche Bank — AG Type Aktiengesellschaft Traded as FWB:  …   Wikipedia

  • Deutsche Bank —   Deutsche Bank AG Staat Deutschland Sitz Frankfurt am Main Rechtsform …   Deutsch Wikipedia

  • Deutsche Bank AG — Unternehmensform Aktiengesellschaft ISIN …   Deutsch Wikipedia

  • Deutsche Bank — Saltar a navegación, búsqueda Deutsche Bank Tipo Sociedad anónima Fundación 1870 Sede Fráncfort …   Wikipedia Español

  • Deutsche Bank AG — Deutsche Bank AG,   weltweit tätige Großbank, größtes deutsches Kreditinstitut, betreibt als Universalbank Bankgeschäfte aller Art; gegründet 1870 in Berlin; Sitz: Frankfurt am Main. Bereits 1875/76 war die Deutsche Bank AG nach Übernahme des… …   Universal-Lexikon

  • Deutsche Bank — AG …   Википедия

  • Deutsche Bank — Deut‧sche Bank [ˌdɔɪtʆə ˈbæŋk] noun BANKING a large German bank: • There were rumours that Deutsche Bank, Germany s biggest bank, was preparing to take over Commerzbank …   Financial and business terms

  • Deutsche Bank — AG, banco fundado en Berlín en 1870 para ser un banco exterior alemán libre del dominio financiero del Reino Unido. No debe confundirse con el Deutsche Bundesbank que es el Banco central de Alemania. Poco tiempo después de su fundación el… …   Enciclopedia Universal

  • Deutsche Bank — Deutsche Bank, Bankinstitut in Berlin mit Zweigstellen in Bremen, Hamburg, London, Frankfurt a. M., München, Leipzig, Dresden; Aktienkapital 160 Mill. M …   Kleines Konversations-Lexikon

  • Deutsche Bank — Logo de Deutsche Bank Création 22 janvier 1870 …   Wikipédia en Français

  • Deutsche Bank 24 — Logo des Deutsche Bank Konzerns Die Deutsche Bank Privat und Geschäftskunden AG ist eine 100%ige Tochtergesellschaft der Deutsche Bank AG und wickelt das Filialgeschäft mit Privat und Geschäftskunden ( Retail Banking ) ab. Inhaltsverzeichnis 1… …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”