Business Overviews

23 countries. 35 cities. Over 2,400 full-time employees. Asset Management is one of the world’s largest investment management organisations.

As of March 31, 2011 we managed €529 bn, and with investment management products spanning the entire risk-return spectrum, we’re firmly established as a world leader in investment strategies. Leveraging our scale and global footprint, along with the resources and stability of one of the largest and best-regarded financial institutions, we deliver investors a global perspective and world-wide reach with local service. Guided by seven “megatrends“that the division believes will transform the industry, our strategy is to compete in markets where we can lead as one of the most trusted providers of innovative investment solutions.

Alternatives investing, retail, institutional, and insurance asset management: these are our areas of leadership. Individuals and institutions: these are our clients. The world: this is our marketplace.


Learn more about our retail asset management business
Learn more about our institutional asset management business
Learn more about our insurance asset management business
Learn more about our alternatives investment business

How people see Deutsche Bank is vital to our success. The goal of Communications & Corporate Social Responsibility is to deliver an integrated, proactive programme that engages our stakeholders, strengthens the power of our brand and lives up to our one-bank strategy of organic growth, diversity, meritocracy and innovation.

We do this through a number of channels and mediums managed by teams that cover press and media relations, internal communications, brand communications, corporate social responsibility and conferences and events.

Corporate Finance offers advisory services, financing and transaction banking of the most innovative kind. Governments, institutions and corporates all come to us for our expertise, allowing us to shine in even the most challenging markets.

With over 3,968 professionals in 44 countries, we provide integrated investment banking products and industry sector coverage. This includes mergers and acquisitions (M&A), including advisory; debt and equity issuance; and capital markets coverage of large and medium-sized corporations. Our regional and industry-focused teams ensure the delivery of our entire range of financial products and services to our clients.


Visit our corporate website to learn more about our division

Global Transaction Banking offers advisory services, financing and transaction banking of the most innovative kind. Governments, institutions and corporates all come to us for our expertise, allowing us to shine in even the most challenging markets.

Global Transaction Banking employs over 5,000 people in 45 countries. We deliver commercial banking products and services for corporate clients and financial institutions, including domestic and cross-border payments, professional risk mitigation and financing for international trade, asset and liability management, as well as trust, agency, depositary, custody, clearing, agency-lending and fund administration services. Our business units include Cash Management, Trade Finance and Trust & Securities Services.


Visit our corporate website to learn more about our division.

In the world’s financial markets Deutsche Bank’s Markets is recognized as a leader. Top industry publications consistently rank our investment banking products and services as top in the market. Our 6,000 employees around the world have a reputation for being high-performers providing clients with unique insights, vast experience and an unparalleled level of service.

Our award-winning business covers bonds, equities, FX, money market products, commodities and all forms of derivatives and structured investment, financing and risk management products.

We are active throughout Europe, North America, Asia and the entire world's emerging markets.


Visit our corporate website to learn more about our division

World-class. Responsive. Transparent. Welcome to DBOI Global Services - the global processing arm of Deutsche Bank, established with the purpose of building a world-class operating infrastructure for Deutsche Bank's global businesses.

DBOI Global Services, a subsidiary* of Deutsche Bank, is an integrated network of six processing centres of excellence, delivering 24/7 support for Deutsche Bank and its clients around the world. We focus on resiliency, process re-engineering and global reach, to deliver operational excellence and transparency for all our clients and employees.

Growth, innovation and cost effectiveness are our key drivers. With strategically-placed centers in the UK, USA, India and Philippines, we are poised to deliver greater transformation and enhanced services to Deutsche Bank’s global businesses.


* Subsidiaries are legally owned entities of Deutsche Bank AG

Global. Service. Expertise. An organization of Deutsche Bank’s size and strength has impressive service requirements. To meet these needs and exceed expectations, Deutsche Knowledge Services (DKS) operates as a shared service centre for Finance, Global Business Services and IT.

Established in 2005 as a wholly owned subsidiary* of the Deutsche Bank Group, DKS provides accounting, reporting, profit and loss, cost, reconciliation, MIS, risk control, information technology and operations services (including confirmations and settlements) to internal businesses worldwide.Based in the Philippines, DKS taps significant potential across the region. We employ more than 1900 professionals. Operated independently from Deutsche Bank’s domestic Philippines banking business, DKS is a global service centre of the highest calibre. We support clients across the globe, across businesses, asset classes and through complete back-office life cycle of trade.

Service Delivery is executed through production lines under the three business divisions: Finance, Global Business Services and Information Technology. Service Excellence is ensured through overarching Infrastructure group covering finance, human resources, learning and development, facilities management, technology infrastructure, local governance, relationship management, change management, audit and internal compliance. As part of the Deutsche Bank Group, DKS is an employer of choice for experienced professionals and top university graduates.

* Subsidiaries are legally owned entities of Deutsche Bank AG

Sound financial principles: they’re at the core of everything we offer. That’s why Group Finance is vital to the way we run our business. The global marketplace is constantly evolving. Being adaptable, deliberate and precise in action is critical to safeguarding shareholder value. Together, we oversee all financial details of Deutsche Bank, globally.

We provide real value as business partners. We focus on the control environment and assure accurate and timely financial information. In tandem, we provide high-quality advice and analysis to our businesses and infrastructure functions. We identify opportunities for meaningful challenge. That includes measuring and analysing performance. We also develop strategies that control costs, limit risk and strengthen our decision-making process.

Size. Synergy. Logistics. Deutsche Bank is a huge organization, and keeping it running smoothly is a vital responsibility. Goods and services have to be bought. 3 million meters of office space must be serviced and maintained.

At Global Sourcing we handle a budget of around €8 billion a year, and take care of everything from catering and stationary to our health and safety obligations. Corporate Real Estate oversees the global property portfolio, negotiating with vendors, leaseholders and third parties.

 

Group Strategy & Planning is the hub where the various strategies pursued by Finance all come together. Every day, our teams are at work in seven regions around the world – shaping, formulating and ultimately carrying through Deutsche Bank’s group strategy consistently across the globe.

Our work can involve anything from realizing M&A transactions and investment projects to producing peer and market analyses. Our strategic expertise, analytical and structuring abilities and execution skills underpin the management of Deutsche Bank.

We make sure that group strategy forms the firm foundation for the bank’s decisions. That means that we ask lots of questions and encourage constructive discussions right up to the highest echelons to ensure that effective and prudent investment decisions are taken. That is the only way to safeguard the bank’s sustainable growth and sound development. What’s more, we also see ourselves as partners and competent advisors for all of the bank’s business divisions, helping them to find the right strategic approach across departmental lines. And we are a catalyst for change –especially where strategic investments are involved, we look very closely, identify scope for improvement and communicate our thoughts. Backed by a wealth of new ideas and the power and endurance to stay the course, we drive group strategy and accompany and encourage the bank as it goes forward.

The strength of technology and operations is present in everything we achieve. Delivering tailored information technology and seamless transaction solutions is essential to Deutsche Bank’s global resilience. Pioneering technologies and re-engineering processes, we combine exceptional levels of innovation with world-class client service.

Our division designs and develops the systems, software and solutions that make millisecond transaction times cost-effective and reliable. Every second, we face the technological and logistical challenges implicit in growth, market change and constant competition.

Active in over 50 countries and employing around a quarter of our total staff, Group Technology & Operations (GTO) enfolds three crucial business areas. Technology is responsible for the development, implementation and maintenance of the cutting-edge hardware and software required to support our dynamic and successful franchise, ensuring the Bank can open for business each day. They create the core systems that process trades, assess risk and deliver data. Operations encompasses the people and processes that back up global deal-making. Every day, they make sure that billions of trades are settled, risk is minimised and clients are satisfied. The third service we deliver is Logistics Services, who provide world class travel, sourcing, real estate and facilities management services to deliver superior commercial value for the Bank.

GTO is a known catalyst for change within our global Bank. We pride ourselves on our creativity, courage, adaptability and strategic vision. Maybe that’s why our unique processes have been recognised by a number of industry awards. Our primary task is to make the Bank efficient and responsive today, while building the foundation to meet the demands of tomorrow.


Visit our corporate website to learn more about our division

Working in markets around the world, our people make us strong. They are Deutsche Bank. Without Human Resources, we could never source, develop and retain the best talent, or formulate the strategies that motivate their performance.

Creating innovative, inspirational people strategies doesn’t simply drive our success. It defines our culture and encourages teamwork. Diversity is key. Collaboration is pivotal.

Our people in Human Resources touch every part of our business. They shape the way we work. They find and recruit the brightest vocational trainees, graduates and professionals. They develop their skills through structured, on-going training. They reward talent. They support ambition. They help our people achieve their career goals. They give every single member of our staff the chance to shine.

A vital catalyst in the way we do business. Helping to develop our vision for the future. Creating and implementing strategic and organisational solutions. These are the aims of the Inhouse Consulting team.

We support all divisions and infrastructure functions by shaping business projects such as the integration of acquisitions, product launches and development, restructuring programmes or process optimisation. We ensure that cost, risk and results are implemented in the most efficient ways.

In-depth banking knowledge. Conceptual and strategic input. Measured, agile advice. Our teams are pragmatic and their consulting skills are fine-tuned. Working out of Germany and Singapore, but with a global reach, we focus on high-profile projects. Competing on a level with external consultancies, we help Deutsche Bank approach the future with confidence.

Over 2,900 branches and more than 28 million clients describe the size of our business division, Private & Business Clients (PBC), which persuades private and business clients in its home market Germany, in Europe and Asia with product excellence and advisory competence. PBC offers different target group solutions in the areas of consumer, personal, private and business banking.

We’re the leading financial service provider for private clients and small to medium-sized enterprises in Germany. Beyond that, we concentrate on important financial markets in continental Europe. In addition, we’re active in India and China.

Our range of best-in-class products is impressive. They span everything from current accounts, deposits and loans to investment and consumer credit, real estate and funding for small businesses. PBC products continuously demonstrate value through outstanding, award-winning performance.


Visit our corporate website to learn more about our division

Worldwide, we manage the private wealth for high-net-worth individuals, their families and select institutions. Although it’s difficult to define exactly who qualifies for this designation, it’s usually assumed that it includes anyone with liquid assets in excess of $1 million.

It is our job to secure their wealth and look after their future prosperity. With €271* billion of assets entrusted to us, Private Wealth Management works in more than 30 countries, from the established global financial centres to emerging markets.

Our teams work with the best investment specialists and our own Asset Management division to provide unique investment opportunities. Our approach is personal. Our people are responsive and sophisticated. Our products and solutions are premium.

* Data as March 31, 2011, including Sal. Oppenheim, excluding BHF.


Visit our corporate website to learn more about our division

The Regional Management division is a strategic corporate management function mandated to protect, connect and grow the Bank. It is a lean, senior team of regional and country managers tasked to deliver an independent but complementary local management function to the business and infrastructure functions in more than 70 countries.

Regional Management is an integral part of the Bank’s matrix structure, connecting divisions within different regions and being responsible for running our country and regional platforms. Regional and country managers lead the strategic direction and daily business performance of Deutsche Bank in those markets.

Located in Deutsche Bank’s headquarters, the Frankfurt team is active in a broad range of areas to ensure the alignment of local and regional activities with group strategy. These include the development and the execution of strategic projects, governance, as well as working closely with country managers on the execution of local strategies.

In an ever-changing financial landscape, the role of the Risk division has never been more important.

Deutsche Bank is exposed to a number of risks on a daily basis. These range from credit losses, market price volatility and operational failures to liquidity shortages and regulatory and legal matters. Risk is charged with identifying, aggregating, managing and mitigating these risks. We are made up of: Compliance, Corporate Security & Business Continuity, Credit Risk Management, Enterprise-wide Risk Management, Government & Regulatory Affairs, Legal, Market Risk Management, Risk Analytics and Instruments, Treasury, and our Chief Operating Office.

Risk is continually providing new solutions as we keep pace with increasingly complex financial products and ever-changing market dynamics. We place a strong emphasis on specialized training and education. This allows our people to develop the necessary skills to grow and succeed.

When it comes to in-house tax advice, Group Tax works worldwide with all Deutsche Bank’s businesses, functions and legal entities.

We make sure the Bank complies with corporate income tax laws, and check the accuracy of the income tax accounts in financial statements. But the work doesn’t stop there – we also manage the Bank’s income tax position, ensuring it translates into a competitive effective tax rate and other tax-related capital market ratios.