What type of bank is Deutsche Bank? (2024)

What type of bank is Deutsche Bank?

Deutsche Bank provides retail and private banking, corporate and transaction banking

transaction banking
Transaction banking can be defined as the set of instruments and services that a bank offers to trading partners to financially support their reciprocal exchanges of goods (e.g., trade), monetary flows (e.g., cash), or commercial papers (e.g., exchanges).
https://en.wikipedia.org › wiki › Transaction_banking
, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium- sized companies, corporations, governments and institutional investors.

What type of Bank is Deutsche?

Deutsche Bank AG (DB) is a provider of investment banking, corporate and retail banking, and asset and wealth management solutions. Its portfolio of offerings comprises deposit services, card products, loans, trust, and securities solutions, wealth, and investment planning, financial advisory, and financing.

Is Deutsche Bank a commercial Bank?

The bank's business model rests on three pillars – the Corporate & Investment Bank (CIB), the Private & Commercial Bank and Asset Management (DWS).

Is Deutsche Bank a US Bank?

Deutsche Bank is a banking institution and a stock corporation incorporated under the laws of Germany under registration number HRB 30 000. The Bank has its registered office in Frankfurt am Main, Germany.

Is Deutsche Bank a corporate Bank?

Deutsche Bank's Corporate Bank addresses the needs of corporate clients, financial institutions, investors and issuers in three segments: In Corporate Treasury Services we provide corporate clients with liquidity management, foreign exchange, payment, trade finance and lending solutions.

Is Deutsche Bank a private bank?

Deutsche Bank's Private Bank corporate division combines the private banking expertise of the Deutsche Bank and Postbank brands in Germany, along with a global network, which includes its global business with wealthy clients as well as with private clients and small and medium enterprises (SMEs).

Who owns Deutsche Bank in the United States?

What is special about Deutsche Bank?

Deutsche Bank is ... — the leading bank in Germany with strong European roots and a global network; — aligned to the strengths of the German economy in trading and investment; — focused on the respective needs of its corporate and commercial clients and its private and institutional clients; — the risk manager and ...

Is Deutsche Bank covered by FDIC?

Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. Banking and lending services are offered through Deutsche Bank Trust Company Americas, member FDIC, and other members of the Deutsche Bank Group.

What's special about Deutsche Bank?

Deutsche Bank's set-up includes four divisions that are well-positioned to grow: a leading European Corporate Bank based in Europe's largest economy, the Investment Bank focussing on its traditional strengths in financing, advisory, fixed income and currencies.

What is the legal name of Deutsche Bank?

Deutsche Bank Aktiengesellschaft

It is a stock corporation organized under the laws of Germany. We are registered under registration number HRB 30 000. Our registered address is Taunusanlage 12, 60325 Frankfurt am Main, Germany, and our telephone number is +49-69-910-00.

What is the official name of Deutsche Bank?

Deutsche Bank AG is a stock corporation ('Aktiengesellschaft') incorporated under the laws of the Federal Republic of Germany with principal office in Frankfurt am Main.

Is the Deutsche Bank a good Bank?

Deutsche Bank is a very large, top tier private bank with a very well-known brand, making it a good option for senior international investors. Its size however may mean that the traditional values you would expect from a private bank, such as trust and an uncompromising duty of care, are harder to achieve.

Who is Deutsche Bank regulated by?

Deutsche Bank AG, London Branch

The Bank is authorized under German Banking Law, and is authorized and regulated by the European Central Bank and the BaFin, Germany's Federal Financial Supervisory Authority.

Is Deutsche Bank a leading Bank?

Deutsche Bank is a leading global banking and financial services company headquartered in Frankfurt, listed on both the Frankfurt (FWB) and New York stock exchanges (NYSE).

Does Deutsche Bank have branches in the USA?

Deutsche Bank locations

Deutsche Bank is headquartered in New York, NY and has 15 office and retail locations located throughout the US. See if Deutsche Bank is hiring near you. Do you work at Deutsche Bank?

What banks are similar to Deutsche Bank?

Deutsche Bank's top competitors include BNP Paribas, Brown Brothers Harriman, and Barclays Bank. BNP Paribas operates as an international bank. It provides a wide range of financial services, such as mergers and acquisitions, primary equity market transactions, mor…

Why do Deutsche banks private banking?

Key to Deutsche's private banking ambitions is its 'one bank' model, which aims to bring the entire bank to its most sophisticated clients – leveraging its global network of booking centres across Europe, the Middle East, Asia and the Americas – and its bank for entrepreneurs, which consolidates clients' private, ...

What is the biggest bank in the world?

The Industrial and Commercial Bank of China Limited is the largest bank in both the People's Republic of China and the world when considering total assets. Among the biggest lenders in the world, ICBC continues to steadily remain near the top, along with the likes of the Bank of America.

Can I open an account with Deutsche Bank in the USA?

Deutsche Bank is a leading provider of financial services to agencies, corporations, governments, private individuals and institutions in the Americas.

Who owns Deutsche Bank now?

The ownership structure of Deutsche Bank AG (DB) stock is a mix of institutional, retail and individual investors. Approximately 22.08% of the company's stock is owned by Institutional Investors, 0.10% is owned by Insiders and 77.82% is owned by Public Companies and Individual Investors.

Who owns the most shares of Deutsche Bank?

Vanguard Group Inc

Is my money safe in Deutsche Bank?

The voluntary deposit guarantee fund of the Association of German Banks ( BdB ) guarantees deposits of private customers, partnerships and foundations that manage only private assets. These include sight deposits, time deposits and savings deposits, including registered savings bonds.

Why is the Deutsche Bank so good?

Deutsche Bank is well known in the finance world for its ability to nurture young individuals and help them to reach their full potential. It is especially well-known for championing Black, Asian and minority ethnic entrepreneurs through the commitment of its resources; an example is the DBACE award.

How does the Deutsche Bank make money?

Group revenue rose 1% year-on-year to 7.8 billion euros, which the bank attributed to growth in commissions and fee income, along with strength in fixed income and currencies. The revenue print also came in ahead of an analyst forecast of 7.73 billion euros, according to LSEG.

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