Deutsche Bank (Italy) A Comprehensive Guide

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Deutsche Bank (Italy) is a significant player in the Italian banking market.

Deutsche Bank Italy has a long history in the country, dating back to 1870.

The bank has a strong presence in Italy, with over 100 branches across the country.

Deutsche Bank Italy offers a range of financial services, including corporate and investment banking, private banking, and asset management.

Their corporate and investment banking arm provides financing, advisory, and transaction services to Italian and international clients.

The bank's private banking arm offers wealth management and investment services to high net worth individuals and families.

Deutsche Bank Italy is a subsidiary of the global Deutsche Bank Group, which has operations in over 70 countries.

For another approach, see: Commercial Banks vs Investment Banks

IBAN Information

If you're making international money transfers to a bank account in Italy, you'll need an IBAN (International Bank Account Number) to ensure the funds arrive quickly and safely. Deutsche Bank S.P.A. assigns IBANs to each of their accounts to make sure international transfers are processed correctly.

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An IBAN contains all the necessary country, bank, and account details for international money transfers. It's used throughout Europe and recognized in some areas of the Middle East, North Africa, and the Caribbean.

To create an IBAN for Deutsche Bank S.P.A. in Italy, you'll need to combine the following components:

  • 2 letter country code (IT)
  • 2 digit check number (60)
  • 1 digit code for national check digit (X)
  • 5 characters from the Deutsche Bank S.P.A.'s bank code (05428)
  • 5 digit code for the Deutsche Bank S.P.A. bank branch (11101)
  • 12 digit code for the Deutsche Bank S.P.A. bank account number (000000123456)

For example, the IBAN for Deutsche Bank S.P.A. in Italy would look like this: IT60 X054 2811 1010 0000 0123 456.

IBAN and SWIFT Codes

If you're making an international money transfer to a Deutsche Bank S.p.a. bank account in Italy, you'll need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

Credit: youtube.com, How to find Deutsche Bank IBAN? | Iban Number Deutsche Bank | Payment Guide

To initiate an international transfer to a Deutsche Bank S.p.a. bank account, or if you are the recipient of funds in a Deutsche Bank S.p.a. bank account in Italy, you’ll need the SWIFT code along with other essential details.

You can find your Deutsche Bank S.p.a. SWIFT code on your bank statement, by logging into your online banking account, or by contacting Deutsche Bank S.p.a. directly.

See what others are reading: Deutsche Bank Bic Swift Code

Deutsche Bank History and Employment

Deutsche Bank has a rich history in Italy, dating back to 1994 when it acquired Banca Popolare di Lecco.

The bank's Italian branch, DB Italy, has undergone significant changes over the years, including the acquisition of minority interests in Banca di Cividale from 2000 to 2003.

Deutsche Bank's influence in Italy has been steadily increasing since its acquisition of 98.3% voting rights of Banca d'America e d'Italia in December 1986.

History

Deutsche Bank has a rich history that spans over a century. The bank was founded in 1917 as Banca dell'Italia Meridionale.

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In 1922, Amadeo Giannini, the founder of Bank of Italy (United States), acquired the bank and renamed it to Banca d'America e d'Italia. This marked a significant turning point in the bank's history.

Deutsche Bank acquired 98.3% voting rights of Banca d'America e d'Italia in December 1986. This gave the bank a significant stake in the Italian banking market.

In 1994, Deutsche Bank S.p.A. acquired Banca Popolare di Lecco. This acquisition expanded the bank's presence in Italy.

From 2000 to 2003, Deutsche Bank had a minority interest in Banca di Cividale.

A different take: Banca Popolare Di Bari

Employment Numbers

As we explore Deutsche Bank's history and employment, let's take a closer look at the numbers behind their workforce.

1,218 people are employed at Deutsche Bank Italia.

Deutsche Bank Italia has a significant presence in Italy, with a substantial number of employees working to support the country's financial needs.

Top Employees

Deutsche Bank has a long history of employing top talent in the financial industry.

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One of the most notable employees in Deutsche Bank's history is Anshu Jain, who served as the bank's co-CEO from 2012 to 2015.

Jain's tenure was marked by significant changes in the bank's strategy and operations, which ultimately led to his departure.

Another notable employee is Jim Reid, the bank's head of global research.

Reid is known for his insightful analysis of global economic trends and has been a prominent voice in the financial industry.

Deutsche Bank's investment banking division has also produced many top employees, including the bank's former CEO, Josef Ackermann.

Frequently Asked Questions

Where is the Deutsche Bank headquarters located?

Deutsche Bank's headquarters is located in Frankfurt am Main, Germany. It serves as the bank's principal office.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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