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History of Deutsche Bank in Canada

1870

Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.

1963

Deutsche Bank cooperated with other banks in the European Advisory Committee, later European Banks' International Company (EBIC).



1971

EBIC opened a representative office in Toronto.



1976

EBIC’s office in Toronto was transformed into a representative office of Deutsche Bank.



1978

Canada and Deutsche Bank agreed a financial treaty amounting to Deutschmark 1.5 bn. Bonds of Deutschmark 600 m were floated by an international syndicate. A loan of Deutschmark 900 m was provided exclusively by Deutsche Bank.



1981

Deutsche Bank (Canada), a fully owned subsidiary, was established in Toronto. It was the first German bank in the country.



1988

The Canadian securities house McLean McCarthy Ltd. – founded in 1972 – was acquired by Deutsche Bank (Canada).



1999

Deutsche Bank (Canada) merged with Bankers Trust in Canada.



2001

Deutsche Bank (Canada) became a full service branch of Deutsche Bank AG.

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Last Update: May 25, 2010
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