It is a component of the DAX stock market index and is often referred to as the largest German banking institution, even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets.ĭeutsche Bank has been designated a global systemically important bank by the Financial Stability Board since 2011. Founded in 1870, the bank grew through multiple acquisitions, including Disconto-Gesellschaft in 1929, as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank, : 580 Bankers Trust in 1998, and Deutsche Postbank in 2010.Īs of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. Deutsche Bank AG ( German pronunciation: ⓘ), sometimes referred to simply as Deutsche, 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.
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