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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.
Statue of David Hansemann (1790-1864), founder of the Disconto-Gesellschaft, in Aachen Limited partnership share of the Disconto-Gesellschaft, issued 28. March 1922. The Direktion der Disconto-Gesellschaft was established on 6 June 1851 at the initiative of David Hansemann, who had resigned two months later from his position as head of the Bank of Prussia.
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.
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 ...
Deutsche Bank's battered stock soared 14.4% on Thursday after a new investor took a large stake — a move seen as a vote of confidence in the restructuring effort led by CEO Christian Sewing.
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.
The news that Deutsche Bank AG (USA) (NYSE:DB) has fired current CEO John Cryan, replacing him with Co-deputy chief executive Christian Sewing, appears to have stemmed the bleeding in DB stock.
(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 ...