CURRENT AFFAIRS

Detailed explanation-1: -Deutsche Bank is the leading German bank with strong European roots and a global network. The bank focuses on its strengths in a Corporate Bank newly created in 2019, a leading Private Bank, a focused investment bank and in asset management.

Detailed explanation-2: -In 1999, after a series of acquisitions, in terms of its balance sheet Deutsche Bank rated as the biggest bank in the world. In actuality, it was the beginning of its downfall.

Detailed explanation-3: -Deutsche Bank had the largest amount of total assets among German banks as of 2021. Other leading institutions included the DZ Bank and KfW. All of them are headquartered in Frankfurt. Deutsche Bank is the largest bank in the country, totaling over 1.32 trillion euros in assets.

Detailed explanation-4: -Deutsche Bank is a leading global banking and financial services company headquartered in Frankfurt, listed on both the Frankfurt (FWB) and New York stock exchanges (NYSE).