

Headquartered in Frankfurt, Germany, Deutsche Bank is a global investment banking and financial services company. The bank is the leader in its home market, Germany, and is deeply entrenched in the entire European financial space. Deutsche Bank also has a significant presence in America and Asia. The bank was founded in March 1869.
Unlike most banks that started small in those days, Deutsche Bank was as big a player then as it is today. The bank started out as a corporate bank in the 19th century, with a focus on enhancing and facilitating positive trade relations between Germany and foreign/international markets. Some of its early success stories include the introduction of Bayer to the Berlin Stock Market; floating of Bond offerings for the then steel giant, Krupp; and the financing of the Northern Pacific Railroad in the US. In the succeeding years, Deutsche Bank then had to deal with two World Wars, a fragmented Germany, as well as multiple depressions and recessions.
In the aftermath of World War II, Deutsche Bank pursued local and international growth by being an active player in the M&A market. Its major acquisition during that time was the buyout of UK-based investment bank Morgan, Grenfell & Co. In 1989. In the 21st century, the bank weathered the 9/11 shock and became the first company to list on the New York Stock Exchange after the terrorist attacks in 2001.
Despite its early promise, the new millennium has been very challenging for the global bank. In addition to the 2008 Great Recession (where Deutsche Bank was particularly massively exposed), the bank has also had to deal with the 2020 Great Lockdown as a result of the coronavirus pandemic. Nonetheless, the bank has managed to streamline its operations and now serves its clients through 4 distinct business segments: Corporate Banking, Investment Banking, Private Banking, and Asset Management. Deutsche Bank’s stock trades under the ticker symbol DB on the NYSE. Deutsche Bank is also listed on the Frankfurt Stock Exchange, where it trades under the ticker symbol DBK.
Deutsche Bank has not implemented any stock split since its debut on the NYSE in 2001. The DB stock initially drifted lower from circa $45 in October 2001 to below $30 in March 2003, but it gained upward steam and rallied to its all-time high at circa $125 in May 2007. It then plunged from those heights due to the effects of the 2008 Great Recession to lows of below $20 by March 2009. The post-recession recovery then saw DB stock revisit the $65-price area by October 2009, but that joy would prove to be short-lived.
After a period of consolidation, DB stock then conclusively fell below $50 in June 2011, a price level it has never recaptured since then. The stock has steadily edged lower and now firmly trades below $20 as of October 2021. The volatility of Deutsche Bank’s business in recent years has seen the company become an irregular dividend payer. Deutsche Bank last paid a dividend to investors in 2018, but the company has announced that it will resume payouts in 2022.
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