Deutsche Bank

based Frankfurt am Main, Germany

Commercial Banking, Investment Banking, Private Banking, Asset Management

Serious Information

Trivia

Deutsche Bank AG NYSE: DB (German for German Bank) is a multinational bank operating worldwide and employing almost 64,000 people (Dec. 2005). Its headquarters are located in Frankfurt am Main, Germany. Dr. Josef Ackermann is its CEO and Chairman of the executive committee, Dr. Clemens Börsig is the Chairman of the Supervisory Board.

Deutsche Bank comprises three Group Divisions: Corporate and Investment Bank (CIB), Private Clients and Asset Management (PCAM) and Corporate Investments (CI). Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. € 1.035 billion in assets 64,103 employees from 130 nations

Deutsche Bank was the biggest foreign currency trader in 2005.

Deutsche Bank is a pre-eminent provider of liquidity in the world's foreign exchange markets. The Bank's recognized leadership in all aspects of foreign exchange, from spot, forward and options to FX Prime Brokerage, is based on a superior understanding and analysis of flows at a global and a regional level. We are consistently ranked as one of the top three global foreign exchange providers, both in terms of client perception and market share, in Euromoney Magazine's industry standard annual Foreign Exchange Poll. Deutsche Bank Foreign Exchange is committed to the same core values of client focus and innovation that characterize all our wholesale client businesses. Our scale is only as important as our ability to find the most creative solution available to individual client problems. More than 330 research, trading and sales professionals in centers across North America, Europe and Asia work round-the-clock to create relative value opportunities for corporate, governmental and institutional clients.

1870 Deutsche Bank is founded in Berlin - its purpose: "to transact banking business of all kinds, in particular to promote and facilitate trade relations between Germany, other European countries. It Openied it's first European foreign branch in London.

1929 Merger of Deutsche Bank with Disconto-Gesellschaft, at that time the biggest ever merger in German banking history.

1986 Acquisition of Banca d´America e d´Italia; this is the first time the bank has acquired a sizeable branch network in another European country.

1989 Acquisition of Morgan Grenfell Group; with this step, Deutsche Bank strengthens its position in the international.

2001 The Deutsche Bank share is traded for the first time on the New York Stock Exchange.

2005 Deutsche Bank becomes the latest firm to buy into the Chinese banking market, buying 10% of Huaxia Bank.

2006 Complete acquisition of the Russian investment bank United Financial Group (UFG).

http://www.db.com/ website of the bank

In 2006 The Financial Services Authority (FSA) fined Deutsche Bank £6.3m (9.2m euros; $11.1m) for misconduct in its handling of share trades in two firms. A ban was not considered.

In 2006 Deutsche Bank reported record profits for the first three months of the year, thanks to strong revenues across all its operations. It made a first-quarter pre-tax profit of 2.6bn euros ($3.3bn; £1.8bn), a 44% jump on the same period last year.

Trivia

Deutsche is pronounced "Doyche"

Deutsche Bank Guernsey Championships is a golf tournament

Deutsche is the female form for German. (The male form is Deutscher).

Deutsch is the German word for 'German'. The words Deutsch and Dutch are in origin the same word, as is Teutonic and the Italian tedesco (meaning 'German'), and also the first word in the Irish legendary ethnonym the Tuatha Dé Danann. It is the first part of the historical name Theodoric, the modern German name Dietrich. They all come from an Indo-European root teut- meaning 'people, nation'. In the Old High German form diutisc it gave rise to the German word deutsch,

In Germany a football soccer website is calling itself a sock exchange

"Frankfurt" am Main is the largest city in the German state of Hesse and the fifth-largest city in Germany. Situated on the Main river, it is the seat of the European Central Bank, the Frankfurt Stock Exchange and is the largest financial centre in Germany and continental Europe. Frankfurt is also one of the richest cities in the European Union. The city's metropolitan area, the Frankfurt Rhine Main Area, has a population of 5 million and is Germany's second largest. Frankfurt has played a central role in the political history of Germany and the German states for centuries. The Frankfurt Stock Exchange is Germany's largest, and one of the world's most important. Frankfurt houses the ECB, which sets monetary policy for the Eurozone economy, and the German Bundesbank. It also houses a number of major commercial banks, including Deutsche Bank, Dresdner Bank, and Commerzbank.

The name of Frankfurt on the Main is derived from the Franconofurt of the Germanic tribe of Franks; Furt (cf. English ford) denotes a low point passage across a stream or river. Alemanni and Franks lived there and by 794 Charlemagne presided over an imperial assembly and church synod, at which Franconofurd (-furt -vurd) is first mentioned. However, since frank is also an old German word for frei ("free"), Frankfurt was a "free ford," an opportunity to cross the river Main without paying a toll.

Eintracht Frankfurt are the big football side of the city. They have won the West German championship: 1959
West German Cup: 1974, 1975, 1981, 1988 and the UEFA Cup champions: 1980. They took part in what many regard as the greatest ever European cup final against Real Madrid ( a 7- 3 defeat) in Hampden Scotland in 1960.

Origin of surname Frank

Accroding to the House of names website The surname frank was most likely brought to England in the wake of the William the conqurer. The name is of two possible origins; firstly, from the Norman personal name "Franc," which was originally an ethnic name for one of Frankish race. The name may be derived from the Old French word "franc," meaning "liberal, generous." Spelling variations include: Frank, Franks, Franke, Frankes, Frenk, Frink and many more.

A frankfurter is often a name for a hot dog.

Foreign terms for city of Frankfurt

Spain = Fráncfort

France = Francfort-sur-le-Main

Francoforte sul Meno = Italy

Frankfurt nad Menem = Polish

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