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Deutsche Bank AG [a] (German pronunciation: [ˈdɔʏtʃə ˈbaŋk ʔaːˈɡeː] ⓘ, lit. ' German Bank ') is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
In this sector, the major participating banks are Deutsche Bank, Deutsche Postbank, Commerzbank and Comdirect Bank. [7] Nevertheless, Giropay has a reach of about 17 million German online banking customers, [8] and about 60% of all commercial bank accounts. [5]
Bank of Communications, Frankfurt; Bank Sepah, Frankfurt; Citibank Privatkunden, Düsseldorf (since December 2008 part of French Crédit Mutuel bank); Citigroup Global Markets Deutschland (Corporate Bank), Frankfurt
The 400 former branch employees were transferred without any layoffs to Postbank, also a subsidiary of Deutsche Bank. [7] Today, Norisbank employs around fifty people (mainly in management), and a large part of its banking services are provided by other employees within Deutsche Bank Group. [3] Since December 2014, Bonn is the seat of Norisbank.
Postbank (German pronunciation: [ˈpɔstbaŋk]; full name: Postbank – eine Niederlassung der Deutsche Bank Aktiengesellschaft, lit. ' Postbank – a branch of the Deutsche Bank joint-stock company ') is a branch of Deutsche Bank for retail banking, which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990.
The DWS Group (Formerly: Deutsche Asset Management) commonly referred to as DWS, is a German asset management company. It previously operated as part of Deutsche Bank until 2018 where it became a separate entity through an initial public offering on the Frankfurt Stock Exchange.
Deutsche Kreditbank (DKB) is the second-largest direct bank in Germany with 4.5 million customers, fully owned by Bayerische Landesbank. [1] [2] [3] In 2018 the company, with its parent company BayernLB, ranked 7th on the list of the biggest banks in Germany. [4] The bank is located in Berlin and its infrastructure consists of a small number of ...
pushTAN is an app-based TAN scheme by German Sparkassen banking group reducing some of the shortcomings of the mTAN scheme. It eliminates the cost of SMS messages and is not susceptible to SIM card fraud, since the messages are sent via a special text-messaging application to the user's smartphone using an encrypted Internet connection.