COMPANIES

Deutsche Bank

Office address: One Columbus Circle, New York, NY 10019 
Website: db.com
Year established: 1979 
Company type: financial services 
Employees: 89,700+ (global) 
Expertise: investment banking, capital markets, fixed income, currencies, equity research, mergers and acquisitions, prime brokerage, market making, trading, securities clearing 
Parent company: Deutsche Bank AG 
Key people: Christian Sewing (CEO), James von Moltke (CFO), Fabrizio Campelli (head of investment bank), Marcus Chromik (chief risk officer), Bernd Leukert (chief technology, data and innovation officer), Claudio de Sanctis (head of private bank), Rebecca Short (COO) 
Financing status: corporate-backed or acquired 

Deutsche Bank Securities is a US-based broker-dealer that offers investment banking, trading, and advisory services. It serves institutional, corporate, and government clients as part of Deutsche Bank’s global investment bank.  

This profile will place more emphasis on Deutsche Bank Securities, not just the entire group.

History of Deutsche Bank 

Deutsche Bank has roots in the US that go back to 1872, when it first entered the American market. The bank itself was founded in Berlin, Germany in 1870 to support global trade.

Railways and early American ventures

In the late 1800s, Deutsche Bank took risks in American railway investments. It worked with Henry Villard and helped reorganize the Northern Pacific Railroad after its collapse. The bank also supported industries like electric power, mining, and manufacturing.

A changing landscape and New York ambitions

World wars and changes in the economy led Deutsche Bank to adjust its US plans during the 1900s. After World War I, the bank worked to protect German investors and settle old business.

In 1979, the firm finally opened its own branch in New York. The 1980s and 1990s saw more growth, including new branches and the key purchase of Bankers Trust in 1999.

Deutsche Bank’s setbacks and milestones

The Bankers Trust deal gave Deutsche Bank Securities a much larger footprint in the US and brought it into the heart of Wall Street. In 2001, the company was listed on the NYSE. By 2021, it had moved its Americas headquarters to One Columbus Circle in New York.

The firm has faced challenges as well, including a $19 million SEC penalty in 2023 for not meeting ESG promises through its asset management arm. Despite ups and downs, it remains a major player in US investment banking as it continues to adapt to new markets and regulations.

Deutsche Bank products and services

Deutsche Bank Securities delivers investment solutions with a global reach and deep market expertise. The firm is known for its strong research, advisory services, and ability to handle complex transactions for institutional clients.

  • investment banking: mergers, acquisitions, and capital raising
  • sales and trading: access to equities, bonds, and currencies
  • research: in-depth market and economic analysis
  • origination and advisory: support for corporate finance strategies
  • fixed income and currencies: trading and risk management solutions
  • equity capital markets: equity underwriting and distribution
  • prime brokerage: clearing, custody, and financing for funds
  • securities clearing: execution and settlement for institutional trades

Deutsche Bank’s US investment platform centers on Deutsche Bank Securities Inc. and its asset management arm, DWS. Specialized units like Deutsche Finance America add expertise in alternatives and real estate.

Culture and corporate values

Deutsche Bank Securities states its culture focuses on empowering employees to work together and achieve results. The company says that its approach centers on people and is guided by four main principles:

  1. act responsibly
  2. think commercially
  3. take initiative
  4. work collaboratively

The company offers a benefits program that supports a wide range of employee needs. These benefits seek to help the staff balance work and personal life:

  • disability coverage: short- and long-term disability pay options
  • retirement savings: 401(k) plan with matching contributions
  • paid time off: vacation, holidays, sick days, and parental leave
  • family support: adoption, surrogacy, fertility, and backup care benefits
  • health and wellness: counseling, on-site health centers, and mental health support
  • flexible work: alternative schedules and work-from-home options
  • employee groups: networks for veterans, women, multicultural, LGBTQIA, and more
  • community involvement: volunteer days and donation matching
  • extra perks: fitness discounts, faith rooms, and museum passes

Deutsche Bank Securities focuses on building diverse teams and fostering open dialogue across all levels. Programs like ATLAS help women managing directors move into senior roles, with a 100 percent success rate. ERGs, such as dbPride and VOWS, support inclusion for LGBTQI staff, veterans, and others.

About CEO Christian Sewing and key people

Christian Sewing serves as the CEO of Deutsche Bank and oversees HR. He previously led both the Corporate Bank and the Investment Bank. Sewing joined the company in 1989 after completing a bank apprenticeship and earning a diploma from Bankakademie Bielefeld and Hamburg.

The management board is made up of leaders with deep experience in finance, risk, technology, and client service:

  • James von Moltke serves as president and CFO, overseeing finance and asset management
  • Fabrizio Campelli leads as head of investment bank, managing global banking and the Americas region
  • Marcus Chromik is chief risk officer, bringing risk expertise from Commerzbank and UniCredit
  • Bernd Leukert is chief technology, data and innovation officer, with a background in product development at SAP
  • Claudio de Sanctis serves as head of private bank, focusing on wealth management and senior roles at UBS
  • Rebecca Short is COO, managing operations and transformation with experience in finance and risk

The management board sets the company’s strategy, risk, and financial direction. Each member is responsible for key areas of Deutsche Bank’s performance and control.

The future at Deutsche Bank

After strong first-quarter results and rising shares in 2024, Deutsche Bank set aside $1.4 billion for legal provisions related to its 2010 Postbank acquisition. This action puts its planned share buybacks at risk, which are key to rewarding shareholders and supporting long-term growth. Despite the setback, the firm maintains its financial targets and continues to focus on delivering value for clients and investors.

In 2025, one of the firm’s economists also addressed claims that firing Federal Reserve chair Jerome Powell could lower US debt costs. The topic came up after public calls to cut rates as a way to reduce government interest payments.

Deutsche Bank’s analysis showed that removing Powell and forcing big rate cuts would save far less than the $1 trillion some have suggested. By analyzing market reactions, Deutsche Bank shows clients that dramatic policy moves may not lead to real savings.

Displaying 503 results
Deutsche sees slew of departures in US wealth unit
Deutsche sees slew of departures in US wealth unit

At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left, according to people familiar with the matter.

JPMorgan to double advisers in broker unit
JPMorgan to double advisers in broker unit

The bank is planning to hire more than 500 advisers in its traditional brokerage business in coming years, bringing the total in that unit to 1,000.

Citigroup says flexible work gives it edge over rivals
Citigroup says flexible work gives it edge over rivals

The bank's employees will have the option of working from home at least part time, an executive said, setting it apart from others who are taking a more hard-line approach, like JPMorgan and Goldman Sachs.

UBS will let two-thirds of employees adopt permanent hybrid work
UBS will let two-thirds of employees adopt permanent hybrid work

The bank hasn't set a date for returning to the office. Employees can start applying for hybrid work once local pandemic rules allow them to return full-time to the office.

SEC enforcement chief Alex Oh resigns just days after taking job
SEC enforcement chief Alex Oh resigns just days after taking job

Melissa Hodgman, who previously was serving as acting director of the enforcement unit, will return to that role, the SEC said.

DOL may extend exemption allowing Deutsche to manage retirement funds
DOL may extend exemption allowing Deutsche to manage retirement funds

The banking giant, which was convicted of wire fraud in connection with a Libor-rigging scheme, currently enjoys key rule exemption.

Deutsche Bank ties executive compensation to ESG goals
RIA NEWS DEC 07, 2020
Deutsche Bank ties executive compensation to ESG goals

Starting next year, bank will measure volume of investments that comply with ESG criteria and how bank is rated on sustainability

iCapital targets global market share with latest acquisition
FINTECH OCT 26, 2020
iCapital targets global market share with latest acquisition

As part of the acquisition, iCapital will establish an office in Lisbon, Portugal as its global hub for technology development and operations

Exit of UBS CEO leaves plenty of work for successor
WIREHOUSES OCT 20, 2020
Exit of UBS CEO leaves plenty of work for successor

Bank reported better-than-expected profits for the third quarter

UBS chairman says bank isn't seeking partner
WIREHOUSES OCT 09, 2020
UBS chairman says bank isn't seeking partner

Axel Weber denies reports that UBS is planning to merge with a rival

Adviser managing $400 million at Deutsche Bank moves to Alex. Brown
Adviser managing $400 million at Deutsche Bank moves to Alex. Brown

Reynaldo Figueredo joins the firm's Miami office serving South American clientele

Trump's tax returns show why he's a billionaire
RIA NEWS SEP 29, 2020
Trump's tax returns show why he's a billionaire

The data in the New York Times story don’t necessarily show the president's business empire is heading into crisis, even if it’s carrying sizable debts

UBS chairman explores merger with Credit Suisse: Report
WIREHOUSES SEP 14, 2020
UBS chairman explores merger with Credit Suisse: Report

Such a deal would create one of Europe's largest banks at a point when the industry is under pressure to consolidate

Trio managing $1.05 billion joins UBS from Alex. Brown
Trio managing $1.05 billion joins UBS from Alex. Brown

David Rosenthal, Stephen Collins and Daniel Rupp are based in Westport, Connecticut

Schechter names new COO
Schechter names new COO

Alfredo Risi has been named chief operating officer at the Birmingham, Michigan-based boutique wealth advisory firm