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

Quick Facts Native name, Formerly ...
Deutsche Bank
Native name
Deutsche Bank S.p.A.
Formerly
  • Banca dell'Italia Meridionale
  • Banca d'America e d'Italia
Company typeSocietà per Azioni
IndustryFinancial services
Founded1917
1922 (acquired by Bank of America)
1986 (acquired by Deutsche Bank)
Headquarters3 Piazza del Calendario,
Milan
,
Italy
Increase €62.810 million (2014)
Total assetsDecrease €22.897 billion (2014)
Total equityIncrease €1.418 billion (2014)
OwnerDeutsche Bank (100%)
ParentDeutsche 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 ratioIncrease 8.53% (CET1)[1]
WebsiteOfficial website
Close

History

Thumb
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

Wikiwand in your browser!

Seamless Wikipedia browsing. On steroids.

Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.

Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.