《仙剑问情》歌词
别了，一塌糊涂--纪念一塌胡涂
Oct
23
Deutsche Bank's history affects its identity and corporate culture. Ten years ago, Deutsche Bank was a predominantly German bank. Today we see ourselves as a global organization.
An explanation of the present needs an analysis of the past. That does not mean that decisions for the future must or can be taken on the basis of historical insights and analyses. But reflection on historical events can help in shaping the future in a more reliable and predictable manner.
When the idea of founding Deutsche Bank became reality in 1870, banking was in the throes of radical change: industrialization meant that industry's financing needs were growing and the highly traditional banking sector was going to have to move with the times.
The second half of the 1890s saw the beginning of a new period of expansion at Deutsche Bank. The bank formed alliances with large regional banks, giving itself an entrance into Germany's main industrial regions. In addition, the bank rapidly perceived the value of specialist institutions for the promotion of foreign business.
When in spring 1914 the Frankfurter Zeitung told its readers that Deutsche Bank was "the biggest bank in the world", the claim marked the highpoint but at the same time the end of an era. During the First World War, the source of the visionary vigor that had driven many a determined company to succeed gradually dried up and after the war bankers had to come to terms with a very different world. Before business was able to recover, Germany was hit by inflation.
The immediate postwar period was a time of liquidations. Having already lost most of its foreign assets, Deutsche Bank was obliged to sell other holdings. A great deal of energy went into shoring up what had been achieved. But there was new business, too, some of which was to have an impact for a long time to come. The bank played a significant role in the establishment of the film production company, Ufa, and the merger of Daimler and Benz.
The concentration of the German banking industry continued in the 1920s, peaking in 1929 when Deutsche Bank merged with its most powerful rival, Disconto-Gesellschaft. For eight years what was easily Germany's largest bank operated under a dual name - Deutsche Bank und Disconto-Gesellschaft - before reverting to its former, rather more memorable name in 1937.
Hitler's seizure of power in 1933 marked the beginning of the darkest chapter in the history of Deutsche Bank. By 1945, after twelve years of National-Socialist rule and six years of war, not only was the bank itself on the brink of the abyss; it had also allowed itself to become a tool of the Nazi state. Following the formation of the Federal Republic ("West Germany", as it was commonly called), the bank was able to regroup.
In 1945, after 75 years in business, Deutsche Bank stood on the verge of ruin. Its jubilee year very nearly saw the end of the bank altogether. The postwar period proved to be the toughest in its history. The occupying forces either nationalized all banks - as happened in the Soviet zone, for example - or allowed them to remain in operation on a very modest scale at regional level.
In 1947-48, Deutsche Bank was broken up into ten banks, thereby briefly reviving at least the names of banks that had disappeared in mergers many years before. Banking under the name "Deutsche Bank" was forbidden.
International business grew far more important in the 1970s. Deutsche Bank began to take shape as a global group. New branches abroad supported this development. In 1986, we made our first acquisition of an independent bank in a European country: Banca d’America e d’Italia in Italy (BAI), which we were integrating carefully into the Deutsche Bank Group in the following years until BAI was renamed Deutsche Bank SpA in October 1994.
The next step was the acquisition of Morgan Grenfell in 1989/90 with the long-term aim of becoming one of the world’s leading investment banks. Much has been said since then about the “cultural clash” between the Anglo-Saxon and German corporate cultures; ultimately, though, both sides have learned from each other and led the bank to success. On this basis, Bankers Trust was integrated relatively smoothly.
With the acquisition of Morgan Grenfell and Bankers Trust, Deutsche Bank achieved its goal of rising up to top ranks in the world league of investment banks. But even a globally operating bank cannot totally divest its origins or its development.
The evolution of financial markets, technological progress and the acquisition of major banks in Italy, Spain, the UK, and the United States have all meant that Deutsche Bank has changed more in the last 25 years than in the preceding century.
By developing its network of offices, Deutsche Bank prepared itself for the single European market early on. It sees its domestic market as extending beyond Germany to include the rest of Europe, and it is also represented worldwide at all the principal financial centers.
Deutsche Bank started very early to collect historically relevant documents and was one of the first companies in Europe to have its history researched by reputed historians.
Special attention was paid to the period, which appears as a gap in many other company histories: the years between 1933 and 1945. Deutsche Bank is continuing to research and shed light on its history in that period. It takes this task as seriously as participating in the joint foundation of German businesses and the German government: “Remembrance, Responsibility and Future”.
最后编辑： caii 编辑于June 22, 2006 22:36
An explanation of the present needs an analysis of the past. That does not mean that decisions for the future must or can be taken on the basis of historical insights and analyses. But reflection on historical events can help in shaping the future in a more reliable and predictable manner.
When the idea of founding Deutsche Bank became reality in 1870, banking was in the throes of radical change: industrialization meant that industry's financing needs were growing and the highly traditional banking sector was going to have to move with the times.
The second half of the 1890s saw the beginning of a new period of expansion at Deutsche Bank. The bank formed alliances with large regional banks, giving itself an entrance into Germany's main industrial regions. In addition, the bank rapidly perceived the value of specialist institutions for the promotion of foreign business.
When in spring 1914 the Frankfurter Zeitung told its readers that Deutsche Bank was "the biggest bank in the world", the claim marked the highpoint but at the same time the end of an era. During the First World War, the source of the visionary vigor that had driven many a determined company to succeed gradually dried up and after the war bankers had to come to terms with a very different world. Before business was able to recover, Germany was hit by inflation.
The immediate postwar period was a time of liquidations. Having already lost most of its foreign assets, Deutsche Bank was obliged to sell other holdings. A great deal of energy went into shoring up what had been achieved. But there was new business, too, some of which was to have an impact for a long time to come. The bank played a significant role in the establishment of the film production company, Ufa, and the merger of Daimler and Benz.
The concentration of the German banking industry continued in the 1920s, peaking in 1929 when Deutsche Bank merged with its most powerful rival, Disconto-Gesellschaft. For eight years what was easily Germany's largest bank operated under a dual name - Deutsche Bank und Disconto-Gesellschaft - before reverting to its former, rather more memorable name in 1937.
Hitler's seizure of power in 1933 marked the beginning of the darkest chapter in the history of Deutsche Bank. By 1945, after twelve years of National-Socialist rule and six years of war, not only was the bank itself on the brink of the abyss; it had also allowed itself to become a tool of the Nazi state. Following the formation of the Federal Republic ("West Germany", as it was commonly called), the bank was able to regroup.
In 1945, after 75 years in business, Deutsche Bank stood on the verge of ruin. Its jubilee year very nearly saw the end of the bank altogether. The postwar period proved to be the toughest in its history. The occupying forces either nationalized all banks - as happened in the Soviet zone, for example - or allowed them to remain in operation on a very modest scale at regional level.
In 1947-48, Deutsche Bank was broken up into ten banks, thereby briefly reviving at least the names of banks that had disappeared in mergers many years before. Banking under the name "Deutsche Bank" was forbidden.
International business grew far more important in the 1970s. Deutsche Bank began to take shape as a global group. New branches abroad supported this development. In 1986, we made our first acquisition of an independent bank in a European country: Banca d’America e d’Italia in Italy (BAI), which we were integrating carefully into the Deutsche Bank Group in the following years until BAI was renamed Deutsche Bank SpA in October 1994.
The next step was the acquisition of Morgan Grenfell in 1989/90 with the long-term aim of becoming one of the world’s leading investment banks. Much has been said since then about the “cultural clash” between the Anglo-Saxon and German corporate cultures; ultimately, though, both sides have learned from each other and led the bank to success. On this basis, Bankers Trust was integrated relatively smoothly.
With the acquisition of Morgan Grenfell and Bankers Trust, Deutsche Bank achieved its goal of rising up to top ranks in the world league of investment banks. But even a globally operating bank cannot totally divest its origins or its development.
The evolution of financial markets, technological progress and the acquisition of major banks in Italy, Spain, the UK, and the United States have all meant that Deutsche Bank has changed more in the last 25 years than in the preceding century.
By developing its network of offices, Deutsche Bank prepared itself for the single European market early on. It sees its domestic market as extending beyond Germany to include the rest of Europe, and it is also represented worldwide at all the principal financial centers.
Deutsche Bank started very early to collect historically relevant documents and was one of the first companies in Europe to have its history researched by reputed historians.
Special attention was paid to the period, which appears as a gap in many other company histories: the years between 1933 and 1945. Deutsche Bank is continuing to research and shed light on its history in that period. It takes this task as seriously as participating in the joint foundation of German businesses and the German government: “Remembrance, Responsibility and Future”.
最后编辑： caii 编辑于June 22, 2006 22:36
