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Deutsche Bank is Germany's largest bank, operating nearly 1,900 branches throughout the country and around the world. The company was founded in 1870 and is based in Frankfurt. In addition to retail banking, the company also offers investment and private banking services and asset management.[1]
For full year 2020, Deutsche Bank reported a profit of €624 million, versus a loss of €5.3 billion in 2019, on total net revenues of €24.0 billion, up 4% from €23.2 billion. In July 2019, the bank announced that it was getting out of the global equities sales and trading business and scaling back investment banking, leading to the reduction of 18,000 jobs by 2022 and cost savings of €17 billion.[3] The company's ticker symbol is DBK.
| Retrieved 17 May 2021 https://finance.yahoo.com/quote/DB/profile | |
| Retrieved 17 May 2021 https://www.cnbc.com/2019/07/07/deutsche-bank-will-exit-its-global-equities-business-and-scale-back-investment-bank.html |
| Retrieved 17 May 2021 https://finance.yahoo.com/quote/DB/profile | |
| Retrieved 17 May 2021 https://www.cnbc.com/2019/07/07/deutsche-bank-will-exit-its-global-equities-business-and-scale-back-investment-bank.html |
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