Pak3000
2020-08-30, 11:40 PM
Deutsche Bank
Deutsche Bank AG (German pronunciation:(About this soundlisten)) is a multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock ExchangeThe bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.As of 2017–2018, Deutsche Bank was the 17th largest bank in the world by total assets. As the largest German banking institution, it is a component of the DAX stock market index.
History
Deutsche Bank was founded in Berlin in 1870 as a specialist bank for financing foreign trade and promoting German exports.[ It subsequently played a large part in developing Germany's industry, as its business model focused on providing finance to industrial customers.[7] The bank's statute was adopted on 22 January 1870, and on 10 March 1870 the Prussian government granted it a banking licence. The statute laid great stress on foreign business:
The object of the company is to transact banking business of all kinds, in particular, to promote and facilitate trade relations between Germany, other European countries and overseas markets
Deutsche Bank AG (German pronunciation:(About this soundlisten)) is a multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock ExchangeThe bank's network spans 58 countries with a large presence in Europe, the Americas and Asia.As of 2017–2018, Deutsche Bank was the 17th largest bank in the world by total assets. As the largest German banking institution, it is a component of the DAX stock market index.
History
Deutsche Bank was founded in Berlin in 1870 as a specialist bank for financing foreign trade and promoting German exports.[ It subsequently played a large part in developing Germany's industry, as its business model focused on providing finance to industrial customers.[7] The bank's statute was adopted on 22 January 1870, and on 10 March 1870 the Prussian government granted it a banking licence. The statute laid great stress on foreign business:
The object of the company is to transact banking business of all kinds, in particular, to promote and facilitate trade relations between Germany, other European countries and overseas markets