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From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. [3]: 580 Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, [4] and Deutsche Postbank in 2010.
The Ersparungsclasse der Allgemeinen Versorgungsanstalt, established in Hamburg in 1778, is widely viewed as the first modern savings bank.Other accounts emphasize the significance of the savings bank of Göttingen, founded in 1801, [3]: 78 which was the first established with a municipal guarantor whereas earlier foundations had been initiated by merchants, clerics or academics (Hamburg later ...
Schaaffhausen's bank union ', sometimes simply referred to as Schaaffhausen) was a bank in Cologne, initially founded in 1791. In 1848 it was reorganized as a joint stock company; purchased in 1914 by the Berlin-based Disconto-Gesellschaft, and its brand finally disappeared in 1929 as the latter was in turn merged with Deutsche Bank.
Postbank (German pronunciation: [ˈpɔstbaŋk]; full name: Postbank – eine Niederlassung der Deutsche Bank Aktiengesellschaft, lit. ' Postbank – a branch of the Deutsche Bank joint-stock company ') is a branch of Deutsche Bank for retail banking, which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990.
(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 ...
Building at Charlottenstrasse 47 in Berlin, head office of DSGV. The Deutscher Sparkassen- und Giroverband (DSGV, lit. ' German association of savings banks and money transfers ') is the association of German savings banks (German: Sparkassen) and the apex entity of the Sparkassen-Finanzgruppe, the European Union's second-largest financial services group (after BNP Paribas) with 2.5 trillion ...
A switch from a regionally based family bank to the mighty Deutsche Bank was highly unusual, if not unprecedented. [2] Wassermann was offered and accepted a place on the Deutsche Bank executive board , taking over responsibility for the bank's stock exchange trading business jointly with co-director Paul Mankiewitz , [ 3 ] who was probably the ...
In September 2001, Deutsche Bank confirmed negotiations with Zurich Financial Services on the acquisition of Deutscher Herold. [7] After a few days the deal was perfect and the companies were taken over by the Swiss group. Even after the acquisition, Zurich continued to use the former business premises of Deutscher Herold's headquarters in Bonn.