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Deutsche’s move represents a turnaround on previously liberal work-from-home policies introduced by the bank during COVID-19, which allowed staff to spend 40-60% of their week working remotely.
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. Deutsche Bank was founded in 1870 in Berlin.
Non-bank institutions, such as mortgage lenders, finance companies, or asset managers, also sponsor a considerable share of the market. Programs sponsored by non-bank institutions grew more dramatically than other programs from 2004 to 2007, more than doubling in assets to $400 billion. [2] The ten largest sponsors as of January 2007 are: [1]
The company was founded in Berlin in 1928 as Beamten-Heimstättenwerk, which roughly translates as civil servants' home (building) society. After World War II, it moved its registered office to Hameln. [1] In 1990, it was re-organised as BHW Holding GmbH to become BHW Holding AG later, followed by an initial public offering in 1997.
Deutsche Bank is headquartered in Germany. “Remote workers are contributing less to the infrastructure of the economy whilst still receiving its benefits,” analyst Luke Templeman wrote.
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The DWS Group (Formerly: Deutsche Asset Management) commonly referred to as DWS, is a German asset management company. It previously operated as part of Deutsche Bank until 2018 where it became a separate entity through an initial public offering on the Frankfurt Stock Exchange.
Image source: The Motley Fool. Harmony Biosciences (NASDAQ: HRMY) Q4 2024 Earnings Call Feb 25, 2025, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants