As the largest German and globally relevant bank, Deutsche Bank maintains a worldwide network of branches.
Private and business customers benefit from the services of the major bank, which focuses on corporate finance and investment banking.
Under CEO Sewing, Deutsche Bank is now looking up again after years of price losses.
Frankfurt am Main - As the largest credit institution in Germany, Deutsche Bank AG looks after private and business customers.
Another focus of its activities is investment banking, and the bank also maintains its own fund company in the form of DWS.
Due to its international activities and high turnover, Deutsche Bank is considered systemically important for the global financial markets.
Deutsche Bank: 150 years of history
Deutsche Bank is Germany's largest banking group and has been offering comprehensive services for 150 years - including accounts, financing solutions, asset management and advice for private customers.
Business customers appreciate the international positioning of the bank for processing payments and global corporate financing.
Deutsche Bank issues its own products, but is also active in securities trading and foreign exchange trading on an international level.
The company is one of the largest corporations in the financial industry and ended the 2020 financial year with total assets of EUR 1,325 billion.
Due to their high market capitalization, the shares of Deutsche Bank AG have been listed in the DAX since the index was launched in 1988.
Deutsche Bank: Wide range of services
As a historic German full-service bank, Deutsche Bank is represented in Germany with branches and electronic offers and offers its customers the full range of banking services.
The services include current accounts, day and time deposit accounts, but also securities trading, financing solutions and insurance.
In the Private & Business Clients segment, retail banking is handled for the majority of private and business customers. In addition to selected European countries, Deutsche Bank is also active in China and India.
Berliner Bank and norisbank are now also operating under the management of Deutsche Bank, and the maxblue service was created for online brokerage for private customers.
Deutsche Bank: International presence
In addition, the bank can hardly be overlooked, especially on the international stage - and manages enormous assets here.
Private Wealth Management looks after over 90,000 wealthy individual customers in over 30 countries and manages around 150 billion euros.
Deutsche Bank offers corporate finance in around 40 countries - this activity is dedicated to the implementation of company acquisitions and mergers, the financing of IPOs and major projects.
Global Markets is a division of Deutsche Bank that looks after major international investors from London, with a focus on risk management, capital raising and investment.
As part of the capital procurement, the bank plans and implements the issuance of securities and derivatives.
Global Transaction Banking handles foreign trade and international payment transactions and is dedicated to liquidity management.
The Asset Management division is dedicated to the fund business and includes the fund company DWS, which is active in Europe and the USA, as well as investment offers in real estate funds by RREEF and business with institutional investors in the form of DB Advisors.
Insurers are looked after in a further sub-area, Deutsche Insurance Management.
Deutsche Bank: Frankfurt headquarters, international presence and reduced branch network
Deutsche Bank has a considerable presence in the financial center of Frankfurt am Main with the striking high-rise building of the corporate headquarters.
In addition to its head office, the bank has branches in 90 countries, with important offices in London and New York, in Sydney, Singapore and Hong Kong.
Due to its global activities and the sheer scale of its business activities, Deutsche Bank has been a global systemically important financial services provider since 2011 and for this reason has to meet strict liquidity requirements.
According to the requirements of Basel III, the company has to raise 1.5 percentage points more equity than other financial service providers.
Like many other financial service providers, Deutsche Bank wants to significantly downsize the German branch network in order to meet the challenges of persistent low interest rates and the digitalization of services.
Of the slightly more than 500 locations at the beginning of 2020, only around 400 are to remain by the end of 2021.
Deutsche Bank: Successful appointment to the Board of Management
Christian Sewing has been CEO of Deutsche Bank since April 2018.
He has experience with the investment and corporate bank and has also been responsible for personnel development since 2021.
Sewing has been with the financial services provider since 1989 and was previously responsible for the private and corporate customer sector since 2015.
Other members of the board are:
Karl von Rohr as deputy chairman of the board
Fabrizio Campelli as head of corporate bank and investment bank
Stefan Simon as Chief Administrative Officer
James von Moltke as Chief Financial Officer
Bernd Leukert as Chief Technology, Data and Innovation Officer
Stuart Lewis as Chief Risk Officer
Christiana Riley as Chief Executive Officer Americas
Alexander von zur Mühlen as Chief Executive Officer Asia Pacific
Rebecca Short as Chief Transformation Officer
Deutsche Bank: top-class supervisory board
With the Supervisory Board, Deutsche Bank has an advisory and supervisory body that is supposed to have a look at the bank's diverse business areas.
The Supervisory Board is correspondingly extensive - and made up of top-class members.
The chairman of the supervisory board is the investment banker Dr.
Paul Achleitner.
The native Austrian can, among other things, look back on a job at Goldman Sachs.
Other well-known names on the Supervisory Board are the former Federal Minister Sigmar Gabriel and Frank Bsirske, the chairman of the ver.di union.
In addition to supervisory board members who represent the international financial services provider's local commitments, half a dozen of the supervisory board members are elected by the employees of the major bank.
Deutsche Bank: Shares and Shareholders
The share was coveted as a DAX stock for decades, the prices rose to almost 100 euros until the financial crisis in 2007.
In the following years, however, shareholders had to watch as the share certificates continued to decline in value, so that analysts largely advised against buying the shares.
In the meantime, Deutsche Bank has caught up, and CEO Christian Sewing's austerity and restructuring measures seem to be bearing fruit.
The share recovered surprisingly quickly from the price slump caused by the 2020 corona pandemic and rose from its all-time low of just over 5 euros to over the 10 euros mark.
This corresponds to price gains of almost 30 percent in 2020, an enormous achievement against the background of the pandemic.
The shares that can be traded on German stock exchanges and electronic trading venues such as Xetra or Lang & Schwarz under ISIN DE0005140008 are held by institutional investors as follows:
BlackRock Asset Management Deutschland AG 5.23%
Capital Research & Management Co. 4.74%
Hudson Executive Capital LP 3.26%
Supreme / Hamad Al-Thani 3.05%
Paramount / Hamad Bin Khalifa Al-Thani 3.05%
Cerberus Capital Management 3.00%
The Vanguard Group, Inc. 2.34%
Amundi Asset Management US, Inc. 1.65%
Lyxor International Asset Management SAS 1.43%
Deka Investment GmbH 1.26%
Deutsche Bank: Forecasts and Projects
The savings announced in 2019 were already noticeable in 2020 - costs were reduced by 10 percent in the second quarter of 2020, while income rose at the same time.
Despite Corona, the bank began to report profits of EUR 62 million in quarter 2/2020, compared to EUR 3,000 million in losses in the corresponding period of the previous year.
With regard to investments and financing, a strategic realignment is planned by 2025, which includes the exit from oil and gas.
The partnership with Google is also ambitious.
In cooperation with the internet giant, not only is the bank's IT structure in need of treatment to be completely renovated - the development of joint digital solutions and the relocation of offers to the cloud are also being planned.
On the one hand, this is intended to improve internal processes, on the other hand, Deutsche Bank also sees potential here for its own FinTech services.
In addition, the company hopes that Google will provide important impetus for artificial intelligence and data management.
The bottom line is that Deutsche Bank's strategic collaboration with Google could bring in profits of around one billion euros over the next ten years.
