Native name Deutsche Bank S.p.A. Industry Financial services Capital ratio 8.53% (CET1) Headquarters Milan, Italy Net income 62.81 million EUR (2014) Parent organization Deutsche Bank | Type Società per Azioni Owner Deutsche Bank (100%) Total assets 22.9 billion EUR (2014) Founded 1917 Total equity 1.418 billion EUR (2014) | |
Formerly called Banca dell'Italia Meridionale
Banca d'America e d'Italia Subsidiaries Finanza & Futuro Banca S.p.A. | ||
Deutsche Bank S.p.A. is an Italian bank based in Milan, Lombardy. It was subsidiary of Deutsche Bank A.G..
History
Banca dell'Italia Meridionale was found in 1917.It was acquired by Amadeo Giannini, the founder of Bank of Italy (United States) in 1922. The bank was renamed to Banca d'America e d'Italia (literally the Bank of America and Italy). In December 1986 Deutsche Bank acquired 98.3% voting rights of the bank. In 1994 the bank was renamed to Deutsche Bank S.p.A..
In 1994 the DB Italy also acquired Banca Popolare di Lecco. In 1999 DB Italy acquired 20% shares of Cassa di Risparmio di Asti which was sold to Banca Popolare di Milano in 2004. From 2000 to 2003 the bank also had a minority interests in Banca di Cividale.
References
Deutsche Bank (Italy) Wikipedia(Text) CC BY-SA