Deutsche Bank Group - Overview

St Cloud State University

DEUTSCHE BANK GROUP

by

Andreas Meinecke

Outline

1 Introduction

2 Company structure and service offerings

2.1 Company divisions
2.2 The Deutsche bank′s customers

3. Shareholders

4. Ratings

5. Balance sheet facts and third quarter results

5.1 3rd quarter results
5.2 Corporate and industrial shareholdings

6. Expansion

6.1 Becoming a global player
6.2 Regional diversified portfolio
6.3 Positioned vis -à - vis competitors

7. Regulation of Deutsche Bank

8. Board of managing directors

1.Introduction

In 1870 Deutsche Bank was founded by Georg Siemens in Berlin with the purpose: "to transact banking business of all kinds, in particular to promote and facilitate trade relations between Germany, other European countries and overseas markets"1) (Exhibit 1) ¹. Today similar to other German Banks, Deutsche Bank group is a universal bank. With 69,300 employees, the bank serves more than 13 million customers in 76 countries worldwide; more than half of the bank′s staff work outside Germany. The home market of the group is the European market, especially the German market. Deutsche Bank′s international orientation is reflected in its staff. In June 2003, 31107 employees worked in Germany, 19250 in Europe (excluding Germany), 12747 in America, and 6205 in Asia/Pacific. The Deutsche Bank offers customers a broad range of modern banking services. With about 1,500 branches in Germany and extensive branch networks in Italy, Spain and Belgium. Deutsche Bank is the biggest bank in the Euro zone.

2. Company Structure and service offering

In 1998, Deutsche Bank launched a divisionalized group structure, initially with the aim of building up a global investment bank that would rank with the global leaders in all business lines. Deutsche Bank is currently organized in three groups: "Corporate and Investment Banking (CIB). Private Clients and Asset Management (PCAM) and Corporate Investment (CI)" ². Deutsche Bank provides private clients with an all-round service extending from account-keeping and cash and securities investment advisory to asset management. Deutsche Bank offers corporate and institutional clients the full product assortment of an international corporate and investment bank - from payments processing and corporate finance to support with IPOs and M&A advisory. Deutsche Bank has a leading position in international foreign exchange, fixed-income and equities trading. These services are better reflected in the company division. With the close cooperation between CIB and PCAM. Deutsche Bank symbolizes a type of universal bank that guarantees connectivity in an format between the interests of all market participants, of issuers and borrowers, on the one hand, and of private and institutional investors, on the other. In creating PCAM, the Deutsche Bank brought together in particular the activities in Personal Banking, Private Banking and Asset Management under one management team. In this division, the focus is on consistent alignment with core business, supported by the selective purchase of activities and by strategic cooperation in the distribution field. In this way, Deutsche Bank wants to make sure that the Group′s second "pillar" creates substantial and lasting value for the shareholders. 

2.1 Company division

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1 According to biography of Georg von Siemens; http://www.dhm.de/lemo/html/biografien/SiemensGeorg

2 According to annual report 2002