Native name | Deutsche Bank S.p.A. |
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Formerly |
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Company type | Società per Azioni |
Industry | Financial services |
Founded | 1917 1922 (acquired by Bank of America) 1986 (acquired by Deutsche Bank) |
Headquarters | 3 Piazza del Calendario, Milan , Italy |
€62.810 million (2014) | |
Total assets | €22.897 billion (2014) |
Total equity | €1.418 billion (2014) |
Owner | Deutsche Bank (100%) |
Parent | Deutsche Bank |
Subsidiaries |
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Capital ratio | 8.53% (CET1) [1] |
Website | Official website |
Deutsche Bank S.p.A. is an Italian bank based in Milan, Lombardy. It is a subsidiary of Deutsche Bank A.G..
Banca dell'Italia Meridionale [2] was found in 1917. [3] It was acquired by Amadeo Giannini, the founder of Bank of Italy (United States) in 1922. [4] 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. [3]: 71 In 1994 the bank was renamed to Deutsche Bank S.p.A.. [2]
In 1994 the DB Italy also acquired Banca Popolare di Lecco. [2] In 1999 DB Italy acquired 20% shares of Cassa di Risparmio di Asti which was sold to Banca Popolare di Milano in 2004. [5] From 2000 to 2003 the bank also had a minority interests in Banca di Cividale. [6] [7]