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The Bankers Trust CO. in the year 1917 created US-American private customer and Investmentbank with seat are in the Moines, Iowa (the USA). Literally the enterprise name means as much as "„bank trust "“. Present chairman of the board is J. Michael Earley, President and Chief Executive Officer (CEO) the Bankers Trust company.

In the tendency to be promoted to "„global the No. 1 "“the largest German money house, Deutsche Bank AG, transferred Frankfurt/Main, the Bankers Trust CO. in the summer 1999. On 30 November 1998 Deutsche Bank on 4 June 1999 (Closing Day) this transaction could according to plan lock six months after publication of the planned assumption. Deutsche Bank acquired all pending shares of Bankers Trust for approximately 9 billion US Dollar, whereby the purchase price was paid to a trustee, who took over the completion of the Bankers Trust shares which can be submitted at a price of 93 US Dollar for each share.

In the meantime the Bankers had Trust CO. obviously unite annoyance with their clients: The Federal PAPER board company, Gibson Greetings, air Products and Chemical and Procter & Gamble submitted allegedly against Bankers Trust complaint because of discrepancies with derivative business.

The balance sheet total of the steeped in tradition banking house Bankers Trust CO. 2003 US-$ 1.629.354.004 (= EUR 1.335.536.069) amounted to, the vat gain 2003 (EBITDA) lay with US-$ 21.548.069 in the year (= EUR 17.662.351); after taxes a profit of US-$ 14.605.069 (= EUR 11.971.368) was to be registered.

Meanwhile portions of Bankers Trust Australia in the value of 3,3 billion AUS-$ and thus the majority to the down Under Dependance of the house on the part of the German bank were sold.


Articles in category "Bankers Trust"

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» Bankers Trust
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