NYSE, DB - Deutsche Bank Ag
Aktiengesellschaft. The original Deutsche Bank was founded in Berlin in 1870 as
a joint stock company principally dedicated to financing foreign trade. To
support this business, after its founding, Deutsche Bank expanded by opening
branches in Bremen, Yokohama, Shanghai, Hamburg and London. This international
growth was supported by Deutsche Bank?s establishment of the German Overseas
Bank (Deutsche Ueberseeische Bank) in 1886 and by Deutsche Bank?s taking a stake
in the newly created German Asian Bank (Deutsch-Asiatische Bank) in 1889. To
complement its international activities, Deutsche Bank developed a strong
domestic presence in Germany by accepting cash deposits and developing
relationships with large corporations. Beginning in the 1880s, Deutsche Bank
began underwriting securities of these large corporations, with particular
emphasis on the electrical engineering and steel industries. ...
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