History of Deutsche Bank in Singapore
Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.
Foundation of Deutsch-Asiatische Bank in Berlin – as a special institution for the East Asian market – by a German bank syndicate led by Disconto-Gesellschaft and Deutsche Bank.
Deutsch-Asiatische Bank opened its branch in Singapore.
Deutsch-Asiatische Bank reopened its Singapore branch.
In order to fully integrate Deutsch-Asiatische Bank into the newly founded European Asian Bank, Deutsche Bank relinquished the Singapore branch to one its co-shareholders. In the same year, European Asian Bank opened a new branch in Singapore.
European Asian Bank became Deutsche Bank (Asia).
Deutsche Bank (Asia) was merged into Deutsche Bank AG. The management of the Asia business was relocated from Hamburg to the regional head office in Singapore.
Deutsche Bank in Singapore moved to its new landmark location at One Raffles Quay, which accommodates the largest trading floor of any foreign investment bank in the city state.
