Deutsche Bank (Italy)

Last updated
Deutsche Bank
Native name
Deutsche Bank S.p.A.
Formerly
  • Banca dell'Italia Meridionale
  • Banca d'America e d'Italia
Company type Società per Azioni
IndustryFinancial services
Founded1917
1922 (acquired by Bank of America)
1986 (acquired by Deutsche Bank)
Headquarters3 Piazza del Calendario,
Milan
,
Italy
Increase2.svg €62.810 million (2014)
Total assets €30.870  billion (2024)
Total equity Increase2.svg €1.418 billion (2014)
Owner Deutsche Bank  (100%)
Parent Deutsche Bank
Subsidiaries
  • Deutsche Bank Mutui (100%)
  • Fiduciaria Sant'Andrea (100%)
  • Finanza & Futuro Banca (100%)
  • Vesta Real Estate (100%)
  • DB Consorzio S.cons.a.r.l. (98%)
  • DB Covered Bond S.r.l. (90%)
Capital ratio Increase2.svg 8.53% (CET1) [1]
Website Official website

Deutsche Bank S.p.A. is an Italian bank based in Milan, Lombardy. It is a subsidiary of Deutsche Bank A.G.

Contents

History

Advertisement of the Lucca branches of the Bank of America and Italy, 1962 Pubblicita Bank of America 1962.jpg
Advertisement of the Lucca branches of the Bank of America and Italy, 1962

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] :71 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]

References

  1. "2014 Relazioni e Bilancio Consolidato" (PDF) (in Italian). Deutsche Bank (Italy). 16 April 2015. Retrieved 23 February 2016.
  2. 1 2 3 "Storia" [Story] (in Italian). Deutsche Bank (Italy). Retrieved 23 February 2016.
  3. 1 2 "1986 Annual Report" (PDF). Deutsche Bank. 26 November 2007 [First published 1987]. Archived from the original (PDF) on 3 March 2016. Retrieved 23 February 2016 via Historical Institute of Deutsche Bank.
  4. "Cartamoneta Italiana .com - La Storia del Fondatore della Bank of Italy". www.cartamonetaitaliana.com. Archived from the original on 2016-08-17. Retrieved 2019-05-24.
  5. "2004 Relazioni e Bilancio: Nota Integrativa e allegati" (PDF) (in Italian). Deutsche Bank (Italy). 16 May 2005. Retrieved 16 February 2016.
  6. "Provvedimento N°115/A: Banca Popolare di Cividale / Deutsche Bank" (PDF) (in Italian). Banca d'Italia. 14 September 2000. Archived from the original (PDF) on 9 March 2016. Retrieved 9 March 2016.
  7. "2003 Bilancio: Nota Integrativa e allegati" (PDF) (in Italian). Deutsche Bank S.p.A. 18 May 2004. Retrieved 9 March 2016.