Deutsche Bank facts for kids
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![]() Deutsche Bank Twin Towers in Frankfurt, Germany
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Public (Aktiengesellschaft) | |
Traded as | |
ISIN | ISIN: [https://isin.toolforge.org/?language=en&isin=DE0005140008 DE0005140008] |
Industry | |
Founded | 10 March 1870 |
Founders |
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Headquarters | Deutsche Bank Twin Towers,
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Germany
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Key people
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Services |
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Revenue | ![]() |
Operating income
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AUM | ![]() |
Total assets | ![]() |
Total equity | ![]() |
Number of employees
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90,130 (2023) |
Deutsche Bank AG is a very large German bank. It helps people and businesses with their money. The bank's main office is in Frankfurt, Germany. Its shares are traded on the Frankfurt Stock Exchange and the New York Stock Exchange.
Deutsche Bank started in 1870 in Berlin. Over the years, it grew by joining with other banks. Some of these were Disconto-Gesellschaft and Bankers Trust. By 2018, the bank had offices in 58 countries. It is one of the biggest banks in Germany. The bank is also seen as a very important bank for the world's financial system. This means it is watched closely by financial authorities.
Contents
History of Deutsche Bank
How Deutsche Bank Started (1870–1933)
Deutsche Bank was founded in 1870 in Berlin. Its main goal was to help Germany trade with other countries. It also helped German companies sell their products abroad. The bank got its official license on March 10, 1870. Before this, German traders often had to use British or French banks.
The bank's first offices in Germany opened in Bremen and Hamburg in 1871 and 1872. Soon after, it opened offices in other countries. These included Shanghai, Yokohama (both 1872), and London (1873). This helped German businesses trade all over the world.
Deutsche Bank helped fund big projects. These included the Baghdad Railway and the Northern Pacific Railroad in the US. In Germany, it helped companies like Krupp (steel) and Bayer (chemicals). The bank grew by working with other banks. It also bought some smaller banks. By 1908, Deutsche Bank was the largest German bank. It was one of the "D-Banks" that were very important in Germany.

After World War I, Deutsche Bank grew more in Germany. In 1929, it joined with Disconto-Gesellschaft. For a while, it was called Deutsche Bank und Disconto-Gesellschaft.
During World War II (1933–1945)
When Adolf Hitler came to power, Deutsche Bank became involved with the Nazi government. The bank took part in their policies. This included taking over businesses that belonged to Jewish people. In 1934, the bank removed its Jewish board members. The Nazi government later made Deutsche Bank a private company again.
During World War II, Deutsche Bank expanded its business. It took control of banks in other countries. These included banks in Austria and Czechoslovakia. The bank also provided money services for the Gestapo. It loaned money for building the Auschwitz camp. Deutsche Bank has openly said it was involved with Auschwitz. After the war, the bank helped pay money to survivors of the Holocaust.
After the War (1945–2000)

After World War II, Deutsche Bank was split into smaller banks. But in 1957, these banks joined back together. They formed Deutsche Bank AG again. Its main office moved to Frankfurt.
In 1959, the bank started offering small loans to regular people. In the 1970s and 1980s, it opened more offices around the world. These were in places like Milan, Moscow, London, and Tokyo. In 1986, it bought an Italian bank called Banca d'America e d'Italia.
In 1989, Deutsche Bank bought Morgan Grenfell. This was a big step into investment banking. Later, in 1998, it bought Bankers Trust. This made Deutsche Bank one of the largest money management firms in the world.
Deutsche Bank in the 21st Century
In 2001, the Deutsche Bank Building in New York was damaged. This happened during the September 11 attacks. The building was later taken down. In October 2001, Deutsche Bank shares began trading on the New York Stock Exchange.
The bank continued to grow. It bought Scudder Investments in 2002. It also bought other banks in Germany. These included Norisbank and Deutsche Postbank. This helped Deutsche Bank offer more services to people in Germany.
Deutsche Bank also had a business relationship with Donald Trump. It provided him with financial support for his projects.
In 2007, the bank's main office, the Deutsche Bank Twin Towers, was updated. It became a very eco-friendly building. In 2010, the bank owned the Cosmopolitan of Las Vegas casino for a few years. It sold it in 2014.
Recent Years (Since 2012)
In 2014, Deutsche Bank had some financial challenges. It reported a loss for the end of 2013. In 2015, the bank announced it would not pay dividends for two years. It also planned to cut 15,000 jobs.
In 2015, the two main leaders of the bank, Jürgen Fitschen and Anshu Jain, stepped down. John Cryan became the new CEO. In 2018, Christian Sewing became the CEO.
In 2018, police searched Deutsche Bank's offices in Frankfurt. This was part of an investigation related to money issues. The bank said it would work with the police.
In 2019, Deutsche Bank announced big changes. It planned to cut 18,000 jobs. The CEO said the bank needed to focus on areas where it was strong. In 2020, the bank cut bonuses for its investment branch.
In 2021, Deutsche Bank made a profit for the first time since 2014. This showed that its changes were helping. The bank also managed to avoid big losses from a company called Archegos Capital Management.
Recent Purchases
Deutsche Bank has bought several companies to grow its business:
- Scudder Investments (2001)
- RREEF (2002)
- Norisbank (2006)
- MortgageIT (2007)
- Hollandsche Bank-Unie (2008)
- Sal. Oppenheim (2010)
- Deutsche Postbank (2010)
- Park Plaza Mall (2021)
- Numis (2023)
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Former branch in Munich
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Branch in Leipzig
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Branch in Bremen
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Branch in Hanover
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Branch in Lübeck
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Branch in Düsseldorf
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Branch in Goslar
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Branch in Karlsruhe
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Branch in Cologne
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Branch in Bochum
Deutsche Bank is a public company. Its shares are traded on stock exchanges. This means many different people and companies own parts of the bank. Its shares are part of important stock indexes. These include the DAX and the Euro Stoxx 50.
Here are some of the large shareholders:
Share | Shareholder | Date of latest disclosure |
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5.38% | BlackRock | 31 March 2023 |
4.54% | Paramount Services Holdings Ltd. | 25 January 2023 |
3.18% | Douglas L. Braunstein | 20 November 2020 |
3.05% | Supreme Universal Holdings Ltd. | 20 August 2015 |
Deutsche Bank Logo
In 1972, Deutsche Bank got its famous blue logo. It is a "Slash in a Square." This logo was designed by Anton Stankowski. It is meant to show growth while also managing risks.
What Deutsche Bank Does

Deutsche Bank has three main parts to its business:
- The Corporate & Investment Bank (CIB)
- The Private & Commercial Bank
- Asset Management (DWS)
Corporate and Investment Bank (CIB)

This part of the bank helps large companies and governments. It helps them with big financial deals.
- Corporate Finance helps companies with advice and mergers.
- Equities / Fixed Income & Currencies buys and sells stocks and bonds.
- Global Capital Markets helps companies get money and manage risks.
- Global Transaction Banking helps businesses with payments and trade.
- Deutsche Bank Research studies markets and helps with trading ideas.
Private and Commercial Bank
This part of the bank helps regular people and smaller businesses.
- Private & Commercial Clients Germany / International is the bank for everyday customers. It has branches in Germany (Deutsche Bank and Postbank), Belgium, Italy, Spain, and India.
- Wealth Management helps very rich people and families manage their money. It has offices in places like Switzerland and Dubai.
Deutsche Asset Management (DWS)
Deutsche Bank owns most of a company called DWS Group. This company helps people and businesses invest their money. It used to be called Deutsche Asset Management.
Leaders of Deutsche Bank
The leaders of Deutsche Bank are called the Management Board. The main leader is the CEO.
- Hermann Josef Abs, Speaker of the Board 1957-1967
- Alfred Herrhausen, Speaker of the Board 1985-1989
- Hilmar Kopper, Speaker of the Board 1989-1997
- Josef Ackermann, CEO 2006-2012
- Anshu Jain, co-CEO 2012-2015
- Jürgen Fitschen, co-CEO 2012-2016
- John Cryan, CEO 2016-2018
- Christian Sewing, CEO since 2018
Some other important people who worked at Deutsche Bank include:
- Paul Achleitner, former chairman
- Sajid Javid, former managing-director
- Josh Frydenberg, former director
- Georg von Siemens, co-founder and director
Images for kids
Error: no page names specified (help). In Spanish: Deutsche Bank para niños
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