Deutsche Bank (German Bank), is a German global banking and financial services company with its headquarters in Frankfurt, Germany. It was founded in Berlin in 1870 as a specialist bank for foreign trade. After the fall of the Berlin Wall in 1989, 12,600 files from Deutsche Bank’s former headquarters were returned to the company. It was these files that enabled the Bank to implement an idea proposed by Alfred Herrhausen, Spokesman of the Management Board, to commission a group of independent researchers to write a history of Deutsche Bank. The resulting publication, “The Deutsche Bank 1870-1995”, received wide recognition, particularly because it gave an account of the history of Deutsche Bank during the National Socialist period. The Bank was the first German financial institution to commission extensive unrestricted research into this era.
Today it has more than 100,000 employees in over 70 countries and has a large presence in Europe, Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21%. The company is a component of the Euro Stoxx 50 (a stock index of Eurozone), stock market index.
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