Deutsche Bank AG

Deutsche Bank was founded in 1870 by a group of financiers and businessmen. It aimed to facilitate trade between Germany and international markets. In its early years, the bank focused on financing infrastructure projects, industrial development and foreign trade. Throughout its history, Deutsche Bank has undergone numerous transformations and adaptations to changes in the global financial landscape.

It is one of the largest banking institutions in Europe and operates globally with nearly 1,500 branches worldwide. Deutsche Bank offers a wide range of services, including corporate banking, investment banking, asset management, retail banking, and wealth management. The bank serves both individual clients and institutional clients, providing services such as financing, advisory services, foreign exchange, trading, and risk management.

In 2022, the bank achieved robust and sustainable profitability, demonstrating the success of its transformation plan announced in July 2019. Over the past three and a half years, the bank aligned its business divisions based on their strengths and exited non-strategic areas. It also significantly improved efficiency, reducing running costs by over €3 billion since 2018.

The Common Equity Tier 1 capital ratio exceeded the target of at least 12.5 percent set in 2019, reaching 13.4% by the end of 2022. Additionally, its total assets were of €1,337,000 billion, making it the largest bank in Germany.

Founded: 1870
Headquarters: Taunusanlage 12, 60325 Frankfurt am Main, Gẻ
Website: https://www.db.com