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From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. [3]: 580 Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, [4] and Deutsche Postbank in 2010.
In 2022, under the orders of Deutsche Bank's supervisory board, Sewing and 10% of the senior staff took an overall €1 million reduction in pay due to the bank's missing targets. Sewing received a €145,000 cut to his bonus, as the supervisory board, led by Alexander Wynaendts , revealed that the bank met just 64% of its government, social ...
Cash Group is a cooperation of the four largest German private banks (Deutsche Bank, Commerzbank, HypoVereinsbank, and Postbank) and their subsidiaries, in which they mutually waive ATM usage fees for their customers. It is not an interbank network but uses the pre-existing girocard network. With more than 7000 ATMs, the cooperating banks' ATM ...
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.
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In 2009, the bank became a subsidiary of Deutsche Bank. In 2017, Deutsche Bank decided to discontinue the Sal. In 2017, Deutsche Bank decided to discontinue the Sal. Oppenheim brand and to fully integrate their business, [ 3 ] which was officially completed on 30 June 2018.
Cryan was appointed co-chief executive officer of Deutsche Bank in June 2015, [8] [9] a position he shared with Jürgen Fitschen until May 2016, when he became sole CEO. [10] On 8 April 2018, Cryan was replaced by Christian Sewing as chief executive at Deutsche Bank. [11] In April 2019, Cryan became a director at X Cyber Group LTD in the UK. [12]
Edson Mitchell (1953–2000) was an American investment banker and executive. He served as the head of Deutsche Bank's global markets organization. During his tenure, he transformed the bank into a major and highly profitable player in trading bonds, securities and foreign currencies.