Deutsche Bank (Italy) Explained
| Deutsche Bank |
| Native Name: | Deutsche Bank S.p.A. |
| Native Name Lang: | it |
| Industry: | Financial services |
| Founded: | 1917
1922 (acquired by Bank of America)
1986 (acquired by Deutsche Bank) |
| Founders: | --> |
| Hq Location: | 3 Piazza del Calendario |
| Hq Location City: | Milan |
| Hq Location Country: | Italy |
| Net Income: | €62.810 million |
| Net Income Year: | 2014 |
| Assets: | €22.897 billion |
| Assets Year: | 2014 |
| Equity: | €1.418 billion |
| Equity Year: | 2014 |
| Owner: | Deutsche Bank (100%) |
| Parent: | Deutsche Bank |
| Ratio: | 8.53% (CET1)[1] |
Deutsche Bank S.p.A. is an Italian bank based in Milan, Lombardy. It is a subsidiary of Deutsche Bank A.G.
History
Banca dell'Italia Meridionale[2] was found in 1917.[3] It was acquired by Amadeo Giannini, the founder of Bank of Italy (United States) in 1922.[4] The bank was renamed to Banca d'America e d'Italia (literally the Bank of America and Italy). In December 1986 Deutsche Bank acquired 98.3% voting rights of the bank.[3] In 1994 the bank was renamed to Deutsche Bank S.p.A..[2]
In 1994 the DB Italy also acquired Banca Popolare di Lecco.[2] In 1999 DB Italy acquired 20% shares of Cassa di Risparmio di Asti which was sold to Banca Popolare di Milano in 2004.[5] From 2000 to 2003 the bank also had a minority interests in Banca di Cividale.[6] [7]
Notes and References
- Web site: 2014 Relazioni e Bilancio Consolidato. 16 April 2015. 23 February 2016. Deutsche Bank (Italy). Italian.
- Web site: Storia. Story. 23 February 2016. Deutsche Bank (Italy). Italian.
- Web site: 1986 Annual Report. Deutsche Bank. Historical Institute of Deutsche Bank. 26 November 2007. First published 1987. 23 February 2016. 3 March 2016. https://web.archive.org/web/20160303193727/http://www.bankgeschichte.de/en/docs/1986.pdf. dead.
- Web site: Cartamoneta Italiana .com - La Storia del Fondatore della Bank of Italy. www.cartamonetaitaliana.com. 2019-05-24. 2016-08-17. https://web.archive.org/web/20160817202229/http://www.cartamonetaitaliana.com/articoli-a-curiosita/20-amadeo-peter-giannini.html. dead.
- Web site: 2004 Relazioni e Bilancio: Nota Integrativa e allegati. 16 May 2005. 16 February 2016. Deutsche Bank (Italy). Italian.
- Web site: Provvedimento N°115/A: Banca Popolare di Cividale / Deutsche Bank. 14 September 2000. 9 March 2016. Banca d'Italia. Italian. https://web.archive.org/web/20160309201641/http://www.agcm.it/concorrenza/concentrazioni/download/41256297003874BD/DA1495540A879D3AC125696E003007F6.html?a=B250.pdf. 9 March 2016. dead.
- Web site: 2003 Bilancio: Nota Integrativa e allegati. 18 May 2004. 9 March 2016. Deutsche Bank S.p.A.. Italian.
