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In 1957, these three banks merged to form Deutsche Bank AG with its headquarters in Frankfurt. [46] In 1959, the bank entered retail banking by introducing small personal loans. In the 1970s, the bank pushed ahead with international expansion, opening new offices in new locations, such as Milan (1977), Moscow, London, Paris, and Tokyo.
60 Wall Street (formerly the J.P. Morgan Bank Building or Deutsche Bank Building) is a 55-story, [a] 745-foot-tall (227 m) skyscraper on Wall Street in the Financial District of Lower Manhattan in New York City, New York. The tower was designed by Kevin Roche and John Dinkeloo of Roche-Dinkeloo and originally built for J.P. Morgan & Co.
Deutsche Bank Center (also known as One Columbus Circle and formerly Time Warner Center) is a mixed-use building on Columbus Circle in Manhattan, New York City, United States. The building occupies the western side of Columbus Circle and straddles the border between Hell's Kitchen and the Upper West Side .
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Consequently, the acquisition by Deutsche Bank was a windfall to the bank's shareholders, who avoided losing their entire investments. [ citation needed ] In November 1998, Deutsche Bank agreed to purchase Bankers Trust for $10.1 billion; [ 31 ] the purchase was finalized on June 4, 1999.
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