Established in 1979, Deutsche Bank was one of the first foreign banks to enter the Italian market. Today, Deutsche Bank Italy is one of Italy's largest foreign bank, with over 4,300 employees and a presence which includes a commercial network of 240 retail banking branches, 30 consumer finance offices, 6 private wealth management units and 1,000 financial promoters across the country.

Deutsche Bank Italy covers all aspects of retail, corporate and investment banking and asset management. It plays an important and active role in the investment banking industry and manages relations with major Italian corporates and financial institutions. It provides advisory services for mergers and acquisitions (M&A), initial public offerings (IPO), structured finance operations, as well as in the areas of global markets and global equities.

Deutsche Bank also holds a preeminent position in Italy's fast-growing consumer finance market through its credit card brands Prestitempo and BankAmericard. Its success in this market has been recognized with the following industry accolades:

• Superbrands Affinity Award for brand management
• Euromoney Award for Structured Products and Real Estate Investments
• Best 'Middle-Size' Italian Bank in Banca & Finanza Magazine's annual ranking

Deutsche Bank business divisions operating in Italy include:

• Private & Business Clients (retail banking, consumer finance, financial promoters and credit cards)
• Private Wealth Management
• Corporate and Investment Banking (Global Banking and Global Transaction Banking)
• Asset Management (with the Italian subsidiaries of DWS Investments, Deutsche Asset Management, REEF)