Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 81,929 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients, creating exceptional value for its shareholders and people.
Deutsche Bank first established a presence in China in 1872 with the opening of an office in Shanghai. In 2007 Deutsche Bank started its private clients businesses in China with branches in Shanghai and Beijing. In January 2008, Deutsche Bank (China) Co., Ltd. (Deutsche Bank China) was officially established, headquartered in Beijing. Deutsche Bank China has branches in Beijing, Shanghai, Guangzhou and Tianjin, employing over 500 staff.
Through rapid organic growth and strategic investments, Deutsche Bank in China and Hong Kong now has business interests in corporate advisory and capital markets, transaction banking, private and retail banking, as well as assets management.
Deutsche Bank now holds a 19.9% interest in Huaxia Bank, a nationwide bank listed on the Shanghai Stock Exchange. Deutsche Bank and Huaxia Bank launched joint credit card operations in June 2007. The Bank has made a 30% strategic investment in Harvest Funds Management, one of the country’s leading investment managers. In July 2009, Zhong De Securities Company Limited, the Deutsche Bank and Shanxi Securities Co. Ltd. securities joint venture, officially commenced operations, offering domestic investment banking services to the China market.
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