Deutsche Bank (XETRA: DBKGn.DE/ NYSE: DB) today announced that it concluded its partial acquisition of norisbank. As a result, 98 branches of the Nuremberg-based norisbank AG along with the associated client portfolio and “norisbank” brand name have been legally transferred to Deutsche Bank. The acquired business will be operated as norisbank GmbH.
The new management of the Frankfurt-based norisbank GmbH comprises Dr. Hans-Martin Kraus, Chairman of the Management, Thomas Klee, responsible for Direct Sales, Jörg Höhling, responsible for Product Management, Production and IT, and Harald Mögebauer, responsible for Branch Sales.
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