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Deutsche Bank private and business customer AG is a 100%ige subsidiary Deutsche Bank AG and completes the branch and mass customer business.
Starting from 24 September 1995 the bank offered, the direct bank daughter of the railways services to 24 AG for a reduced product range by telephone and Internet. Even if the direct business developed better than expected, the strategy of the bank end of the 1990er planned years a focusing on the fortune, enterprise and in particular, since the chain store was too little productively regarded as.
On 1 September 1999 the bank separated the private customer and branch range and transferred it into the bank 24, which was renamed at the same time in Deutsche Bank 24 AG and now 6.8 million customer cared for. While the wealthy private customers were excluded from separating, the branches in Deutsche Bank 24 were umgezeichnet. Apart from the possibility partly or completely of selling the new society at the stock exchange one looked for a partner and believed this in the Dresdens bank to have found the one similar strategy pursued. The fusion did not come however finally to conditions. First executive committee speaker of the DB24 was Herbert walter, when later chairman of the board of the Dresdens takes part bank in the merger plans of both institutes.
After Josef field man led the executive committee of the company nut/mother since May 2002, it came to a strategy change, since the private customer range had developed in the meantime to a lucrative business field. Extended by the business customer range, the DB24 calls itself private and business customer AG since October 2002 Deutsche Bank. For this time the enterprise is legally no longer independent and with the company nut/mother a controlling and a profit removal contract locked.
Belong to the executive committee: Rainer Neske (speaker), Andreas Arndt, Guido Heuveldop, Ulrich Kissing and Andree Moschner.
Chairman of the Aufsichsrates is Hermann Josef Lamberti.
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