Deutsche Bank AG is a multinational financial institution based in Germany.
The company provides investment banking and various financial services.
The Frankfurt-based firm’s history dates back to 1870. It is a global provider of financial services and delivers investment, retail, commercial and private banking services.
Deutsche Bank AG offers foreign exchange, debt, commodities, derivatives, secularization, repo, money market, research, cash equity, convertibles, loans, equity prime services, and provides advices on IPOs, M&A, retail banking, trade finance, corporate investment and asset management.
Deutsche Bank AG stocks are traded on the NYSE under the symbol of ‘DB’.
The company says it is a leading European corporate bank.
The bank aims to become more profitable and provide long term value to shareholders and drives sustainable growth.
The financial institution acts as a trusted advisor and risk manager to the client. It focuses on ensuring sustainable profitability, cost savings, and client centric divisions that are positioned to grow.
It invests in growth and technology and plans to spend around 13 billion euros in between 2019 to 2022.
Deutsche Bank AG says it focuses on investing in secure and stable technology solutions so as to maintain resilience of the technology infrastructure, streamline and simplify IT landscape to increase efficiency.
It has placed its first green bond in a Formosa format and has reportedly raised 200 million dollars. Deutsche Bank AG also focuses on environmental aspect and claims to follow sustainability. It has also reinforced the ability of the bank for navigating in the local markets to execute its sustainability strategy.
Furthermore, it says that the transaction would assist in funding green assets that are eligible such as renewable energy sources like solar or wind power plant.
The bank claims to be a pioneer in developing Taiwan’s capital market.
The bank addresses the needs of all the financial institutions, corporate clients, issuers, and investors by providing corporate treasury services, institutional client services and business banking.
The subsidiaries of the company are Deutsche Postbank, DWS Group, Norisbank, BHW, Porterbrook, and Deutsche Securities.