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Deutsche Bank Completes Purchase of Berliner Bank
Deutsche Bank has announced the completion of last June’s $856 million acquisition of Berliner Bank that became part of Deutsche Bank Group ...
Deutsche Bank has announced the completion of last June’s $856 million acquisition of Berliner Bank that became part of Deutsche Bank Group effective 1 January 2007. With the completion, the business transacted with around 300,000 private and business clients under the Berliner Bank brand as well as the 1,140 members of staff and the entire branch network with 60 locations have been transferred from the Berlin bank to Deutsche Bank. The members of Berliner Bank's new management board are: Oliver Bortz, Chairman, Frank Gilly - who has responsibility for private clients - Joachim v Plotho and Dr Christian Engell.
