Deutsche Bank celebrates 30th anniversary in New York

Deutsche Bank celebrates 30th anniversary in New York

2009 marks the 30th anniversary of Deutsche Bank in New York. Deutsche arrived in New York in 1979 when the Bank began to take shape as a global group and international business had become ever more important.

Below is a brief timeline of Deutsche Bank’s history in New York:
1979: On 30 April Deutsche Bank’s New York branch opens on the 49 and 50 floors of 9 West 57 Street, New York, NY with 76 employees. This is the site of the inaugural exhibition of the Deutsche Bank Art Collection, bringing together the worlds of work and contemporary art.

1982: Los Angeles and Chicago branches open.

1990: Deutsche Bank Government Securities becomes the only German bank to be awarded “primary dealer” status by the Federal Reserve Bank.

1992: Deutsche Bank’s activities in the USA were consolidated under the umbrella of Deutsche Bank North America Holding.

1998: On 30 November Deutsche Bank announces the planned acquisition of Bankers Trust. It is the largest entry a German bank has ever made into the US financial market.

1999: On 4 June the acquisition of Bankers Trust is completed.
2001: On 3 October - three weeks after the terror attacks on September 11 - trading in the Deutsche Bank share starts on the New York Stock Exchange.

2003: Deutsche Bank’s US-headquarter moves to 60 Wall Street. The move is the result of an agreement between Deutsche Bank and the World Trade Center Job Creation and Retention program, which provides support for businesses relocating to Lower Manhattan.

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