About Deutsche Bank (DBK)

Company Description:

Deutsche Bank Aktiengesellschaft, a global financial services company, primarily operates in banking, securities, investment, wealth management, and transaction banking.

The bank was founded in 1870 and is currently headquartered in Frankfurt am Main, Germany. It has evolved into a leading global banking and financial services company.

Main Product(s):

Deutsche Bank's main products and services include retail banking, corporate finance, asset and wealth management, investment banking, transaction banking, and related financial services.

Short History of Deutsche Bank Aktiengesellschaft:

1870: Founded in Berlin, Germany.

1873: Listed on the Berlin Stock Exchange.

1989: Acquired the British merchant bank Morgan Grenfell.

1999: Merged with Bankers Trust, a major American bank.

2001: Major strategic realignment; focused on being a leading global investment bank.

2015: Announced a major business and leadership restructuring.

2018: Merged its retail banking unit Postbank into its private and commercial bank.

2019: Undertook a major restructuring, refocusing on core business areas.