Deutsche Bank : the global hausbank, 1870-2020 / Werner Plumpe, Alexander Nützenadel, and Catherine R. Schenk.

Format:

Book

Author/Creator:

Plumpe, Werner, 1954- author.

Nützenadel, Alexander, author.

Schenk, Catherine R. (Catherine Ruth), 1964- author.

Contributor:

John Louis Haney Fund.

Language:

English

Subjects (All):

Deutsche Bank.

Banks and banking--Germany--History.

Banks and banking.

Deutsche Bank--History.

History.

Germany.

Genre:

History.

Physical Description:

xvi, 736 pages : illustrations (color and black and white), maps (color) ; 24 cm

Other Title:

150 years of Deutsche Bank

Place of Publication:

London : Bloomsbury Business, 2020.

Contents:

Machine generated contents note: In the Age of the First Globalisation, 1870

1914 / Werner Plumpe

I. The Founding of Deutsche Bank and the Beginnings of the Business, 1870

1875

1. The Beginnings of the Industrial Boom

2. The Idea of a German Bank for World Trade

3. From the Idea to the Initiative

4. Patriotic Fantasies?

5. The Founding

6. Administrative Councils and `mere clerks'

7. The Beginnings of Foreign Trade Financing and Overseas Business

8. The Beginnings of the Domestic Business

9. Crisis, Revolts and Takeovers

II. Consolidation in a Difficult Time: The Era of Wallich, 1876

1887

1. The Consequences of the Panic of 1873

2. Pitfalls in Everyday Banking

3. America

4. The Issuing Business

III. The Expansive Years: The Era of Siemens, 1887

1900

1. The End of the Depression and the Transition to a Booming Economy

2. The `tegular business'

3. The Development of the Bank's Ptesence at Home and Abroad

4. Major Projects

5. The Anatolian Railway

6. Industrial Financing in Germany

7. Criticism of the Banks' Involvement

IV. On the Path to Success: The Gwinner Era, 1907

1974

1. In the Wilhelmine Economic Miracle

2. Global Perspectives

3. The Ecstasy and Agony of the Bank's Business in the Americas

4. The Baghdad Railway

5. The Steaua Romana

6. Morocco

7. Nothing But Aggravation in Vienna and Only Good Business on the Limmat

8. The `Furstentrust' (Princes' Trust)

9. `Irons in the fire'

V. The Group: Organisational Structures, Personnel Development and Regional Form, 1870

1. Organisation

2. Personnel

3. Head and Limbs: The Regional Structure of Deutsche Bank

VI. From Troublemaker to Top Dog: Deutsche Bank in Politics and Society before the First World War

1. Political Influences

2. Deutsche Bank and International Financial Diplomacy

3. Monetary, Trade and Financial Policies

4. Deutsche Bank in Wilhelmine Society

Conclusion: Deutsche Bank, 1870

Between State and Market, 1914

1989 / Alexander Nutzenadel

Introduction

I. The End of the World Economy: War, Revolution and Inflation

1. Losing the Foreign Business

2. Walking on Eggshells: War Finance and Government Bonds

3. Domestic Expansion

4. Revolution and Inflation

5. Precarious Internationalisation

6. Consolidation and Concentration

II. Age of Extremes: Crisis, Dictatorship and Expansion

1. The Banking Crisis of 1931

2. Deutsche Bank under National Socialism

3. Nazi Continental Economic Zones

4. Survival Strategies

5. `Commercial and moral guilt'

6. The Return to the World Market

III. Deutschland AG: Rhenish Capitalism and the World Market

1. Structure Follows Strategy?

2. `Troubles of the plains'

3. The Bank and Society

4. Euromarket and International Financial Business

5. Public Finance and the International Debt Crisis

6. `First class or no class': Becoming a Global Investment Bank

Globalisation and Crisis, 1989

2020 / Catherine R. Schenk

I. The Acquisition of Morgan Grenfell

1. Early Steps, 1983

1987

2. Negotiating the Deal

3. Taking Over Motgan Grenfell

The Decision is Made

4. Building Walls

5. Conclusions

II. Building the Investment Bank, 1991

1998

1. Local Scandals: Metallgesellschaft and Schneider

2. Early Initiatives in Investment Banking, 1991

1993

3. The Road to Madrid, 1994

4. Creating Deutsche Morgan Grenfell, 1995

1996

5. Transforming Deutsche Morgan Grenfell, 1996

6. Disappointment and Fresh Restructuring, 1997

7. Crisis and Further Restructuring

8. Conclusions

III. The Bankers Trust Acquisition, 1999

1. Strategy: Grow, Build or Buy?

2. Identifying a Takeover Target

3. Crisis and Fresh Opportunities

4. Returning to the Hunt

5. Bankers Trust Acquisition: The Final Hurdles

6. Conclusions

IV. The Failed Merger with Dresdner Bank, 1999

2000

1. First Attempt

2. Second Attempt

3. The Deal Unwinds

4. Conclusions

V. The Retail Bank: Cinderella or Fairy Godmother?

1. Integration of Eastern German Banking

2. Reorganising Retail Branch Banking in Germany

3. Transition to Direct Banking: Bank 24

4. Domestic Expansion: Berliner Bank and Norisbank

5. The Introduction of the Euro

6. The Bank's European Retail Strategy

7. Acquisition of Postbank

VI. The Road to 2007

1. Building the Trading Business in the USA

2. Structural Changes

Realigning Investment Banking

3. Selling the Family Silver

4. The Rise of the Global Investment Bank, 2001

2004

5. Anticipating the Downturn, 2005

2007

VII. Global Financial Crisis, 2008

2012

1. Performance Through the Crisis

2. Hypo Real Estate

3. `Project Erasmus': ABN AMRO and Fortis

4. Trouble at the Top: Ackermann's Extended Leadership

5. Greek Sovereign Debt Crisis

6. The End of the Ackermann Era

VIII. Renewed Crisis, 2012

2020

1. Anshu Jain and Jurgen Fitschen, 2012

2015

2. Legal Woes I: LIBOR

3. John Cryan and Jurgen Fitschen, 2015

2017

4. Legal Woes II: RMBS and Foreign Exchange

5. Performance, 2012

2018

6. Christian Sewing, 2018

2020.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the John Louis Haney Fund.

ISBN:

1472977327

9781472977328

OCLC:

1125266871

Publisher Number:

99985422834