Deutsche Bank (Italy)

Deutsche Bank S.p.A. is an Italian bank based in Milan, Lombardy. It is a subsidiary of Deutsche Bank A.G..

Deutsche Bank
Native name
Deutsche Bank S.p.A.
Formerly
  • Banca dell'Italia Meridionale
  • Banca d'America e d'Italia
TypeSocietà per Azioni
IndustryFinancial services
Founded1917
1922 (acquired by Bank of America)
1986 (acquired by Deutsche Bank)
Headquarters3 Piazza del Calendario,
Milan
,
Italy
Increase €62.810 million (2014)
Total assetsDecrease €22.897 billion (2014)
Total equityIncrease €1.418 billion (2014)
OwnerDeutsche Bank (100%)
ParentDeutsche Bank
Subsidiaries
  • Deutsche Bank Mutui (100%)
  • Fiduciaria Sant'Andrea (100%)
  • Finanza & Futuro Banca (100%)
  • Vesta Real Estate (100%)
  • DB Consorzio S.cons.a.r.l. (98%)
  • DB Covered Bond S.r.l. (90%)
Capital ratioIncrease 8.53% (CET1)[1]
WebsiteOfficial website

History
Advertisement of the Lucca branches of the Bank of America and Italy, 1962

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]

References
  1. "2014 Relazioni e Bilancio Consolidato" (PDF) (in Italian). Deutsche Bank (Italy). 16 April 2015. Retrieved 23 February 2016.
  2. "Storia" [Story] (in Italian). Deutsche Bank (Italy). Retrieved 23 February 2016.
  3. "1986 Annual Report" (PDF). Deutsche Bank. 26 November 2007 [First published 1987]. Retrieved 23 February 2016 – via Historical Institute of Deutsche Bank.
  4. "Cartamoneta Italiana .com - La Storia del Fondatore della Bank of Italy". www.cartamonetaitaliana.com. Retrieved 2019-05-24.
  5. "2004 Relazioni e Bilancio: Nota Integrativa e allegati" (PDF) (in Italian). Deutsche Bank (Italy). 16 May 2005. Retrieved 16 February 2016.
  6. "Provvedimento N°115/A: Banca Popolare di Cividale / Deutsche Bank" (PDF) (in Italian). Banca d'Italia. 14 September 2000. Archived from the original (PDF) on 9 March 2016. Retrieved 9 March 2016.
  7. "2003 Bilancio: Nota Integrativa e allegati" (PDF) (in Italian). Deutsche Bank S.p.A. 18 May 2004. Retrieved 9 March 2016.


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