Deutsche Bank AG, sometimes referred to simply as Deutsche, or internally as DB, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
Deutsche Bank Twin Towers in Frankfurt, Germany
Share of the Deutsche Bank, issued 2 November 1881
Former Deutsche Bank headquarters [de] on Mauerstrasse 25-28 in Berlin, photographed in 1909
The same building in 2010, following partial rebuilding after World War II
Investment banking pertains to certain activities of a financial services company or a corporate division that engages in providing advisory-based services on financial transactions for clients, such as institutional investors, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services or research. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.
Many of the largest investment banks, including JPMorgan Chase, belong to the Bulge Bracket.