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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
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.
Many of the largest banks in Germany, e.g. Deutsche Bank, DZ Bank, Commerzbank and Helaba, have their corporate headquarters here, as well as many representation offices of foreign banks. It is also the place where most of Frankfurts high-rises and skyscrapers are located, which gave it also the nicknames Bankfurt and Mainhattan .
(The other 11 banks in the top 25 were Deutsche Bank, Dresdner Bank, Bank der Deutschen Arbeit, Commerzbank, the indirectly government-owned Deutsche Verkehrs-Kredit-Bank, cooperative Deutsche Rentenbank-Kreditanstalt, Bayerische Hypotheken- und Wechsel-Bank, Deutsche Centralbodenkredit AG, part-government-owned Deutsche Industriebank and ...
The Deutsche Bank Twin Towers, also known as Deutsche Bank Headquarters (German: Zwillingstürme der Deutschen Bank or Hauptverwaltung Deutsche Bank AG), is a twin tower skyscraper complex in the Westend-Süd district of Frankfurt, Germany. Both towers rise to 155 m (509 ft) and serve as headquarters for Deutsche Bank, the largest bank in Germany.
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Banking in Germany is a highly leveraged industry, as its average leverage ratio (assets divided by net worth) as of 11 October 2008 is 52 to 1 (while, in comparison, that of France is 28 to 1 and that of the United Kingdom is 24 to 1); its short-term liabilities are equal to 60% of the German GDP or 167% of its national debt.
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