Deutsche Bank is an international universal bank. The headquarters of the bank are present in Frankfurt, Germany. More than 81 thousand employs of Deutsche bank work in 76 countries. A large percentage of employs belong to Europe, America, Asia Pacific and the emerging markets. The major financial centers including Sao Paulo, New York, London, Toronto, Tokyo, Moscow, Hong Kong, Sydney and Singapore have offices of Deutsche Bank. Deutsche Bank is also investing in expanding markets including Middle East, Asia Pacific, Latin America and Central and Eastern Europe.
The bank offers many services to its clients including sales, trading, origination of debt and equity and M&A (mergers and acquisitions). Risk management products include wealth management, derivatives, fund management, transaction banking, retail banking and wealth management are provided for corporate and institutional clients along with private and business clients. The business structure of the bank is very huge because of the various operations and divisions controlled by the bank. It has been observed that through the management of the proper business structure and model, the bank has been able to show good performance in its industry. In fact the previous year’s income of the Deutsche Bank shows that it has been earning huge profitability in the previous years. To understand the performance and popularity of Deutsche Bank, understanding the business structure of the bank is very important.
Basically there are different divisions of the bank such as Abbey life; Assurance Company and Abbey life are owned by Deutsche Bank. The pension polices of Abbey are closed now but sold many polices in 1980s. Exit penalties, for all new and old polices, was scrapped by standard Life and Norwich Union. Basically Deutsche Bank’s CIB is considered as one of the world’s leading investment banking houses. Market-leading markets and Global Banking Divisions of the bank come under CIB. Global Markets add a great contribution in Deutsche Bank’s profitability and revenues. Moreover, a major Merger & Acquisitions (M&A) is controlled by Global Banking.
The business model of the bank consists of two pillars including the Corporate & Investment Bank (CIB) and Private Clients & Asset Management. The private wealth management, private & business clients and asset management have been controlled by divisions of Private Clients & Asset Management (PCAM). This business division of the bank deals with the investment management for private and institutional clients. Moreover, retail banking services are also conducted by this division. The private banking arm of Deutsche Bank is Private wealth Management which is serving the individuals of high net worth. This division of Deutsche Bank has global presence. Another major division of Deutsche Bank is Private and Business Clients which is the retail network of the bank. This division of the bank has actually grown over the years. Deutsche Bank has also conducted global expansion in the past two years by expanding its operations in the emerging markets such as India and China.
Deutsche Bank has global presence because over the years, the bank has expanded its operation to various markets. In the history of Deutsche Bank various acquisitions and mergers have taken place. These acquisitions have played a very vital role in changing the business structure of the bank. Therefore, it can be said that the business structure of Deutsche Bank is very dynamic. The business structure of Deutsche Bank matches with its mission statement. The mission statement of Deutsche Bank advocates that the bank aims to become the leading global provider of financial solutions.
