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.
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Dr. Klaus Winker
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Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,097 billion in assets and 67,474 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
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