1988 - 1997

DB in Italy

  • 1994: Banca d'America e d'Italia (BAI) became Deutsche Bank
  • 1994: Acquisition of Banca Popolare di Lecco
  • 1995: Acquisition of Finanza & Futuro 
  • 1995: Acquisition of Milano Mutui SpA, followed by Deutsche Bank Mutui
  • 1997: Deutsche Bank Fondimmobiliari Sgr SpA, Italy's first real estate fund management company, was formed
  • 1997: The planning of the Group's office for its General Management in Italy began under architect Gino Valle in the Bicocca district, where Pirelli was formerly housed.

DB in the world

  • 1989: Acquisition of UK group Morgan Grenfell
  • 1990: Deutsche Bank started operating in East Germany
  • 1991: Deutsche Bank North America Holding was founded, bringing together all of the Bank's activities in the United States.

Scenario

The Berlin Wall (1989) fell, and Germany reunified in the following year, while Nelson Mandela was freed after 27 years in prison, the internet developed and the World Wide Web was created. The 1990 football World Cup was held in Italy. 1991 saw the arrival of investment firms (Società di Intermediazione Mobiliare or SIM) providing investment advice. On 7 February 1992, the European Community countries signed the Maastricht Treaty, and the European Union was created in the following year. 1992 was also the year of the first financial crisis in Europe; the Amato government cut the budget by nearly 100 thousand billion lire, while in 1993, Silvio Berlusconi began his rise to power. In 1996, the Eurosim decree was issued, paving the way for the launch of a single European market for investment services.
During this period, Giovanni Falcone and Paolo Borsellino were murdered by the Mafia, Oscar Luigi Scalfaro became President of Italy, and the UN adopted the Kyoto Protocol.

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Last Update: March 29, 2017
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