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During the war, Deutsche Bank provided banking facilities for the Gestapo and, through its branch in Katowice, loaned the funds used to build the Auschwitz camp and the nearby IG Farben facilities. Deutsche Bank publicly acknowledged its involvement at Auschwitz in 1999. [41] It also was a principal participant in the Nazi regime's gold ...
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.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
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 ...
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]
The lender's price to book ratio per share, a measure of relative valuation, at 0.89 is among the most expensive among European peers such as Barclays and Deutsche Bank which trade at 0.52 and 0. ...
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Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corporation in 2003. [1]