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Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it completed the process of acquiring Berliner Bank at the end of last year and that Berliner Bank AG & Co. KG is part of Deutsche Bank Group since 1 January 2007.
With that, the business transacted with private and business clients under the Berliner Bank brand as well as the 1,140 members of staff and the entire branch network with 60 locations have been transferred from Landesbank Berlin to Deutsche Bank.
The members of Berliner Bank's new Management Board are Oliver Bortz, Chairman, Frank Gilly, Private Clients, and Joachim v. Plotho, responsible, among other things, for Credit Risk Management and various Corporate Center functions. Dr. Christian Engell is also part of the management team and is in charge of Business Clients.
This Release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations. Any statement in this Release that states our intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include: the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our trading revenues; potential defaults of borrowers or trading counterparties; the implementation of our management agenda; the reliability of our risk management policies, procedures and methods; and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 23 March 2006 on pages 7 through 13 under the heading "Risk Factors." Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.