Profile: Deutsche Bank AG (DB.N)
21 May 2013
Deutsche Bank AG is a global investment bank. The Company offers a variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. The Company divisions include Corporate & Investment Bank (CIB ), Private Clients and Asset Management ( PCAM ) and Corporate Investments ( CI ). As of December 31, 2010, the Company operated in 74 countries out of 3,083 branches worldwide, of which 68 % were in Germany. In March 2010, the Company closed the acquisition of Sal. Oppenheim Group. In April 2010, the Company acquired commercial bank business in Holland from ABN AMRO Bank N.V. (ABN AMRO). In November 2010, the Company acquired 51.98% interest in Deutsche Postbank AG. In February 2011, the Company sold its 9% stake in RTS OAO. In June 2011, Deutsche Bank AG ceased to be substantial holders in Australian Agricultural Company Limited. Effective March 4, 2013, the Company acquired a 4.561% interest in JC Penney Co Inc.
Corporate & Investment Bank
In CIB, the Company carries out its capital markets business, including its origination, sales and trading activities in debt, equity and other securities, as well as its advisory, credit and transaction banking businesses. CIB’s institutional clients are public sector clients, such as sovereign countries and multi-national organizations, and private sector clients, such as medium-sized companies and multinational corporations. CIB is further sub-divided into the Corporate Divisions Corporate Banking & Securities (CB&S) and Global Transaction Banking (GTB).
CB&S includes the Business Divisions Markets and Corporate Finance, which globally carry out its securities origination, sales and trading businesses, as well as its mergers and acquisitions advisory and corporate finance businesses. Global Transaction Banking covers Deutsche Bank’s cash management for corporate and financial institutions, trade finance business, as well as trust and securities services.
Private Clients and Asset Management
PCAM is sub-divided into the Corporate Divisions Asset and Wealth Management (AWM) and Private and Business Clients (PBC). AWM consists of the Asset Management Business Division (AM) and the Private Wealth Management Business Division (PWM). The global retail mutual fund business of its subsidiary DWS forms part of AM. Furthermore, AM offers a variety of products to institutional clients, such as pension funds and insurance companies, including traditional investments, hedge funds, as well as specific real estate investments. PWM offers its products globally to high-net-worth clients and ultrahigh-net-worth individuals, their families and selected institutions. PWM offers it’s clients an integrated approach to wealth management, including succession planning and philanthropic advisory services. PBC offers retail clients, as well as small and medium-sized business customers a variety of products, including accounts, loan and deposit services, as well as investment advice. PBC operates in Germany, Italy, Spain, Belgium and Portugal, and Poland.
The CI Group Division manages its global principal investment activities. These include certain credit exposures, certain private equity and venture capital investments, certain corporate real estate investments, its industrial holdings and certain other non-strategic investments.
Deutsche Bank AG
Frankfurt Am Main 60325