Deutsche Bank has been present in Japan since 1872 when we opened our first overseas operation in Yokohama. Today Tokyo forms the center of the bank's Japanese business.
Our long-standing presence in the country and the strength of our operations has helped us develop a reputation for trust and performance and we maintain a deep commitment to the region. Our activities in Japan are divided among four distinct subsidiaries, employing around 1,350 personnel in total.

Deutsche Securities Limited, established in 1985, has been a full member of the Tokyo Stock Exchange since 1986 and the Osaka Stock Exchange since 1988. Our operations grew significantly in the mid-1990's as part of a successful global initiative to expand and strengthen the investment banking business. Led by newly appointed Chairman Toru Hashimoto, Deutsche Securities is now an active partner in the restructuring and revitalization of Japanese businesses. This is a particularly exciting time for the investment banking industry as the Japanese corporate sector reduces its dependence on government loans and turns increasingly to the private sector for advice about corporate restructuring and raising funds in the capital markets.

The Deutsche Bank Group also operates Deutsche Asset Management Limited, Deutsche Trust Bank Limited, and Deutsche Bank in Japan. As the country has one of the lowest personal investment rates in the Western world (8.2% of household assets are invested in the equity market in comparison with 52.2% in the U.S.), our activities in Japan are focused primarily on corporate and institutional clients.
 
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