Frankfurt am Main, December 7, 2005

125 Years Deutsche Bank Share on the Frankfurt Stock Exchange


Exactly 125 years ago, on December 8, 1880, the Deutsche Bank share was quoted for the first time on the Frankfurt Stock Exchange. No other DAX company has been present for such a long time with the same name on the Frankfurt bourse.

After Berlin, Frankfurt am Main was the second financial centre at which the bank's bearer securities were traded. In Berlin, the Deutsche Bank share had already been admitted to official trading on the Berlin Stock Exchange two months after the bank was founded and four weeks after the commencement of business. The financial press published a price quotation for Deutsche Bank for the first time on May 12, 1870: at 100 ½ per cent, the share was traded slightly over par. By the end of 1870, the price had risen to 108 per cent. At that time, stock market prices were quoted solely in per cent, as various share denominations were customary.

In contrast to Berlin, the traditional emphasis in Frankfurt was on trading in government bonds. Step by step, however, shares of banks and railway companies were also listed on the Frankfurt Stock Exchange. Deutsche Bank's management, which kept a careful watch on this development, finally decided at the end of 1880 that the time had come to list the bank's share on the Frankfurt Stock Exchange: "A firm stance", was how the press described developments on the Frankfurt Stock Exchange on that December 8, and, referring to bank shares, it was reported that "there was brisk trading in Deutsche Bank, which gained roughly one per cent". To be precise, the price rose from 150 ¾ to 151 ¾ per cent during this successful première.

By 1914, the Deutsche Bank share had also been listed on the stock exchanges in Leipzig, Hamburg, Munich, Cologne, Bremen and Breslau. They were joined by further regional stock exchanges in the 1920s and '30s. After the Second World War, Frankfurt established itself as the leading banking and stock exchange centre in the Federal Republic. Turnover in the Deutsche Bank share on the Frankfurt Stock Exchange far exceeded volumes at the other trading centres. There was little change in this respect when the share was gradually introduced at foreign bourses: 1974 in Paris, 1976 in London, 1978 in Brussels, 1989 in Tokyo, and most recently 2001 in New York.

Even after 125 years, the Frankfurt Stock Exchange is still the most important trading centre for the Deutsche Bank share. An average of 3.7 million Deutsche Bank shares are traded daily on Deutsche Börse's Xetra electronic securities trading system. The share's overall entire stock exchange turnover amounted to € 135.8 billion (Xetra and Frankfurt floor trading) in the first 11 months of this year

 

Further information, please contact:

Deutsche Bank
Dr. Klaus Winker 
Phone: 0049-(0)69-910 32249  
Press       

 

Deutsche Bank

With Euro 972 billion in assets and 63,751 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.

 

www.deutsche-bank.de


 




Twitter
Social Media



Deutsche Bank provides current information via several social media platforms. Follow our Tweets, view current videos and photos or subscribe to our news updates using your preferred channel. more

RSS & Podcast


Receive current Deutsche Bank press releases automatically with our RSS news feeds and podcasts. more

Footer Navigation:
Last Update: 2.9.2013
Copyright © 2014 Deutsche Bank AG, Frankfurt am Main