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[41] [6] [7] During their years of co-leadership, Fitschen handled Deutsche Bank's retail bank and German affairs, and also handled the Deutsche Bank's relations with the Berlin government and other German stakeholders. [42] [43] [12] [44] Jain led the investment bank plus asset and wealth management, and was the face of Deutsche Bank ...
In January 2017, Deutsche Bank agreed to a $7.2 billion settlement with the United States Department of Justice over its sale and pooling of toxic mortgage securities in the years leading up to the Financial crisis of 2007–2008. As part of the agreement, Deutsche Bank was required to pay a civil monetary penalty of $3.1 billion and provide $4 ...
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However, in 2015, AWM was split into Deutsche Asset Management and Deutsche Bank Wealth Management. [9] In 2017, Deutsche Asset Management was rebranded to DWS with Deutsche Bank planning to publicly list a minority stake of it. [10] In 2018, DWS was spun off as a separate company through an initial public offering on the Frankfurt Stock ...
Deutsche Bank gained a majority stake in the firm through a tender offer completed in December 2010, [7] and exercised its option [5] to acquire the remainder of Deutsche Post's holding in 2012. [7] [8] In the end, the total purchase cost Deutsche Bank €6 billion. [9] Since May 2018, Postbank has been merged with the DB Privat- und ...
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[7] Deutsche Bank Center occupies the site of the New York Coliseum, [8] [9] which itself replaced two city blocks bounded by Columbus Circle, 60th Street, Ninth Avenue, and 58th Street. [10] [11] The Coliseum opened in 1956 as New York City's main convention center, [12] [13] being superseded by the Javits Center in the 1980s.