Also known as DB, German Bank
German global banking and financial services company
Deutsche Bank is Germany's largest and most prominent global banking and financial services company, operating internationally to provide a wide range of financial services. It matters because as a major player in the global financial system, its stability and operations significantly influence international finance and the German economy.
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Deutsche Bank AG ( German pronunciation: [ˈdɔʏtʃə ˈbaŋk ʔaːˈɡeː] , lit. 'German Bank') is a German multinational investment bank and financial services company headquartered in Frankfurt. It is dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, and Deutsche Postbank in 2010.
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