Deutsche Bank review by ForexSQ.com experts, All you need to know about the biggest Germany’s bank the Deutsche Bank conducted by ForexSQ.com financial experts for those traders want to open online trading account with the Deutsche Bank.
Deutsche Bank Review
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Deutsche Bank AG is a German global banking and financial services company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21 percent. The company was a component of the STOXX Europe 50 stock market index until being replaced on that index on August 8, 2016.
The bank offers financial products and services for corporate and institutional clients along with private and business clients. Deutsche Bank’s core business is investment banking, which represents 50% of equity, 75% of leverage assets and 50% of profits. Services include sales, trading, research and origination of debt and equity; mergers and acquisitions (M&A); risk management products, such as derivatives, corporate finance, wealth management, retail banking, fund management, and transaction banking.
Deutsche Bank Online Business
Corporate & Investment Bank (CIB)
The New York Stock Exchange on 9 August 2011, when Deutsche Bank’s db-X Group commenced trading on NYSE Arca.
Deutsche Bank is considered among the “Bulge bracket” of global investment banks due to its leading size and profitability. The bank’s business model rests on two pillars: the Corporate & Investment Bank (CIB) and Private Clients & Asset Management (PCAM).
The Corporate & Investment Bank (CIB) is Deutsche Bank’s capital markets business. CIB comprises two divisions, Corporate Banking & Securities and Global Transaction Banking.
Corporate Banking & Securities
Deutsche Bank’s Corporate Banking & Securities division comprises Markets and Corporate Finance.
The Markets division is responsible for Deutsche Bank Group’s sales and trading of securities. Markets Research provides analyses of financial products, markets and strategy.
The Corporate Finance division is responsible for advisory, debt and equity issuances and mergers & acquisitions (M&A).
Global Transaction Banking
Global Transaction Banking or GTB caters for corporates and financial institutions by providing commercial banking products including cross-border payments, risk mitigation and international trade finance.
According to the Scorpio Partnership Global Private Banking Benchmark 2014 the company had US$384.1bn of assets under management, an increase of 13.7% on 2013.
Private & Business Clients
The Private & Business Clients (PBC) is the retail banking division of Deutsche Bank. Besides Germany, it has operations in seven other countries: Italy, Spain, Poland, Belgium, Portugal, India and China.
Private Clients & Asset Management (PCAM) is composed of Private Wealth Management, Private & Business Clients and Asset Management. This trio of business divisions include Deutsche Bank’s investment management business for private and institutional clients, together with retail banking activities for private clients and small and medium-sized businesses.
Private Wealth Management
Private Wealth Management functions as the bank’s private banking arm, serving high-net-worth individuals and families worldwide. The division has a strong presence in the world’s private banking hotspots, including Switzerland, Luxembourg, the Channel Islands, the Caymans and Dubai.
Deutsche Bank News
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However you can visit www.ForexSQ.com in daily base for Deutsche Bank news but below are some news about the bank:
In January 2014 the bank reported a €1.2 billion ($1.6 billion) pre-tax loss for the fourth quarter of 2013. This came after analysts had predicted a profit of nearly €600 million, according to FactSet estimates. Revenues slipped by 16% versus the prior year.
On 7 June 2015, the then co-CEOs, Juergen Fitschen and Anshu Jain, both offered their resignations to the bank’s supervisory board, which were accepted. Anshu Jain’s resignation took effect on 30 June 2015, but he provided consultancy to the bank until January 2016. Juergen Fitschen temporarily continued as joint CEO until 19 May 2016. The appointment of John Cryan as joint CEO was announced, effective 1 July 2016; he became sole CEO at the end of Juergen Fitschen’s term.
In January 2016, The bank pre-announced a 2015 loss before income taxes of approximately €6.1 billion and a net loss of approximately €6.7 billion. Following this announcement, a bank analyst at Citi declared: “We believe a capital increase now looks inevitable and see an equity shortfall of up to €7 billion, on the basis that the bank may be forced to book another €3 billion to €4 billion of litigation charges in 2016.
Deutsche Bank Share Price
If you want to know about the Deutsche bank share price you can easily search it on google finance or yahoo finance.
Deutsche Bank London
However the bank has several offices around the world but If you live in United Kingdom below is the Deutsche Bank London address and phone number. 1 Great Winchester Street – EC2N 2DB LONDON – GREAT BRITAIN- Tel: +44 20 754 58000