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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.
As of 2024, the EdB insures deposits up to the harmonized European limit of €100,000 per account, in line with the EU Deposit Guarantee Scheme Directive (DGSD). [6] The Einlagensicherungsfonds acts as an additional or "top-up" fund which provides additional deposit guarantee, up to 5 million euro for individuals and 50 million for corporate ...
Alex. Brown & Sons was the first investment bank in the United States, founded by Alexander Brown in 1800 in Baltimore, Maryland. The firm was acquired by Bankers Trust in 1997 to form BT Alex. Brown, and then integrated into Deutsche Bank in 1999 following Deutsche's acquisition of BT.
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 ...
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.
The NBA and commissioner Adam Silver were eager to make changes to the All-Star Game after last year's contest wasn't very competitive and finished with a final score of 211-186.
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
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 ...