Deutsche financial group record offers information to the people about its organization and its preface foundation. It was established in Germany in the year of 1870, having the aim of maintaining business collaboration all through the globe. Deutsche financial institution offers different financial services and products for its common and corporate clients. The services are being provided by the Deutsche group includes, trading, sales and support, research debt equity, mergers and acquisitions, risk management products such as corporate finance, derivatives, retail banking, wealth management, transaction banking and fund management. The offices of Deutsche banking groups can be found in many major areas, which includes, Madrid, New York, London, Amsterdam, Paris, Kuala Lumpur, Toronto, Bangkok, Riyadh, Sydney, Hong Kong, Belgrade, Mumbai, and Manila. The employers of the Deutsche group are around 100,000 people in seventy countries and its emerging markets are largely present in United States, Europe and Asia. Deutsche Bank was the largest foreign exchange worldwide dealer in the year of 2009.
Discussion
Business of the Company
Deutsche is a financial and banking services enterprise which is engaged in offering corporate and retail banking services. It is German global network of the financial and banking system. Deutsche has 14 million local customers, and operating businesses in United States, Europe and Asia. The Deutsche bank group drives into four large business divisions; corporate banking business, financial markets, retail banking business and transaction banking.
Corporate Banking Business Division
In the corporate banking business division, it provides different way out or solutions for commercial real estate finance, payment transaction, traditional corporate finance for small and medium enterprises (SME), extensive investment management, factoring and leasing. This segment serves to around 30,000 corporate clients. A completely owned subsidiary of the group, PB Firmenkunden supports the group of corporate clients. The division of corporate banking business also offers commercial real estate finance by its offices positioned in New York and London.
Financial Market
In the financial market group division, it is engaged in protecting the net interest which is contributed from the business of the customer, the management of liquidity risks, and creation of additional income via active risk management.
Retail Banking Business
In the retail banking business division, it provides different products variety from debit transactions to the deposit banking and lending businesses to investment funds, bonds, insurance policies and house savings agreements to retail consumers. It offers financial services as well as postal services in its 1,100 branches. The Deutsche retail banking business offers capital building by its mobile advisors which are around 4,000.
Transaction Banking
The transaction banking group division offers services like account management, payment transaction and credit processing services to financial services enterprises. Its subsidiary Betriebs-Center fur Banken AG (BCB) provides payment transaction processing services on behalf of third parties such as Dresdner Bank, Hypo Vereinsbank and Deutsche ...