Quick Answer: Is Deutsche Bank A Good Bank?

What is the problem with Deutsche Bank?

The German lender said its bottom line suffered because it paid severance to fired workers and wrote down the value of troubled assets..

Which is richest bank in world?

Industrial and Commercial Bank of ChinaBy total assetsRankBank namehideTotal assets (US$ Billion)1Industrial and Commercial Bank of China4,324.272China Construction Bank3,653.113Agricultural Bank of China3,572.984Bank of China3,270.1596 more rows

Can I open a Deutsche Bank account in the US?

Accounts can be opened at every branch of the Deutsche Bank. In most cases, an appointment is not necessary. The following are required in order to open an account: An identification document (ID card or passport)

Is my money safe in Deutsche Bank?

Unless you know something the FDIC doesn’t know, Deutsche Bank has the highest safety rating (5 stars) and unless you have more than $250,000 USD in the bank (the maximum FDIC insurance coverage in the US), your’e probably on solid ground!

Why Deutsche Bank is a good place to work?

A lot of learning opportunity in terms of Managerial skills. I worked at deutsche bank in the product control space. The nature of the job was extremely competitive as you are directly dealing with traders. The management is supportive and good.

Which bank is best in Germany?

Which are the most popular banks in Germany?Sparkasse.Volksbank / Raiffeisenbank.Postbank.Deutsche Bank.Commerzbank (Dresdner Bank)

Why are German banks struggling?

Pressure from the low rate environment has been compounded by a global economic slowdown, trade tensions and geopolitical uncertainty, but a combination of structural vulnerability and domestic economic weakness renders the outlook for German banks all the more bleak.

What is special about Deutsche Bank?

With more than 78,000 employees in over 70 countries worldwide, Deutsche Bank offers unparalleled financial services throughout the world. … Our services include on-shore investment banking, institutional equities broking, asset and private wealth management, retail banking and business processes outsourcing.

What is Germany’s largest bank?

Deutsche BankFounded in 1870, Deutsche Bank is the largest of the banks in Germany and one of the top banking and financial services companies in the world, with an extensive presence in Europe, the Americas, the Asia-Pacific region, and many emerging markets.

What is Deutsche Bank known for?

Deutsche Bank is the leading German bank with strong European roots and a global network. The bank focuses on its strengths in a Corporate Bank newly created in 2019, a leading Private Bank, a focused investment bank and in asset management.

What is the minimum balance in Deutsche Bank?

For keeping the account live, the account holder has to maintain a minimum Average Quarterly Balance (AQB) of Rs. 25000 or a minimum Assets under Management (AUM) amount of Rs. 150000.

Is Deutsche Bank a good bank?

If you need a Sperrkonto, Deutsche Bank is your best option. They also offer some English support, and they offer a free account for students.