Dresdner And Deutsche Banks

In November 1946, US Government financial experts inside former Nazi Germany concluded that Germany's most powerful banks must be liquidated if lasting peace was to be achieved. The giant Deutsche and Dredener Banks had completely intertwined themselves with the Nazi regime and were directly responsible for the systematic theft of Jewish property, slave labour, and financing the construction of SS concentration camps. As the Americans in the Finance Division of the Office of Military Government (US) -- OMGUS -- saw things at the time, the bank leaders should be tried as war criminals and barred from ever holding any positions of importance in German political or economic life. However, these recommendations were never implemented. In fact, many of the officials of the Deutsche Bank went on to be some of the most important figures in German economic development in the postwar period. The Deutsche Bank secretly retained almost a ton of gold taken from the dead at concentration camps; the Dresdener Bank re-emerged as a multinational financial giant. Meanwhile, the US Government buried the 500+ page report of its financial experts in classified files, where they gathered dust for decades. Today, the Deutsche Bank is the largest financial institution in the world and the Dresdener Bank is not far behind.

Seminar paper from the year 2009 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,0, European School of Business Reutlingen, language: English, abstract: The current financial crisis has caused governments and central banks to compete, who will achieve the biggest bail-out- and economic stimulus package including the lowest interest rates. These are supposed to slow down the worldwide recession and avoid a deflation. The current crisis has parallels to the "great depression" in the 1930th and therefore is also called the "great re-pression". The German Government has also installed a safety shield, worth 480 billion Euro for financially suffering banks and financial institutions. Thus, the Financial Markets Stabilization Act was created. It only took a week to pass the bill which is unknown off in Germany and therefore shows the importance of this law. It enables the government to act further than the German Basic Law would allow. The Commerzbank was the first German bank to claim a part of governments help. This was due to high losses in the 4th quarter of 2008 and the acquisition of Dresdner Bank. ...]

This classic study of German creditbanks was first published in 1930 and even now deserves its place as a fundamental text on banking in Germany. It is a valuable comparative study of one important type of financial institution and represents a detailed survey of joint stock banking in Germany in the pre-war, war and post-war periods up to 1928.

MONEY is the blood of our economy. If the blood is dirty, our body gets sick. The same applies to the economy: If the money is dirty, the economy gets sick. Money's dirty because we don't handle it well. Too much dirt sticks to the money. We, humans, are too outward-looking and not inward-looking. Everything revolves around MONEY. It is time for a new monetary system to come into the world and with it a new attitude towards money. It is time for us to appreciate money and ourselves, i.e. to learn and understand the INNER VALUE of us humans and of money. Rafael Kasischke describes in this book the decline of our current monetary system and the rise of the new one. Using the downfall of Deutsche Bank as an example, he traces the change from our current rat race – the race for money – to a new path of joy, health, and the meaning of life. The result will be a new and fairer distribution of money among the world population.

The Deutsche Bank, Germany's largest financial institution, played an important role in the expropriation of Jewish-owned enterprises during the Nazi dictatorship, both in the existing territories of Germany, and in the area seized by the German army during World War II. In this 2001 book Harold James uses new and previously unavailable materials, many from the bank's own archives, to examine policies which led to the eventual genocide of European Jews. How far did the realization of the vicious and destructive Nazi ideology depend on the acquiescence, the complicity, and the cupidity of existing economic institutions, and individuals? In response to the traditional view that business co-operation with the Nazi regime was motivated by profit, this book closely examines the behaviour of the bank and its individuals to suggest other motivations. No comparable study exists of a single company's involvement in the economic persecution of the Jews in Nazi Germany.

Seminar paper from the year 2002 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3 (B), University of Kassel (-), course: Strategic managment, 7 entries in the bibliography, language: English, abstract: Deutsche Bank is one of the leading international financial service providers. With more than 95,000 employees, the bank serves more than 12 million customers in more than 70 countries worldwide. The home market of Deutsche Bank is Europe. A strong position in the European market is the basis for the global activities. Besides Germany, they are represented in Italy, Spain, France, Belgium, and Poland with there own branch networks. They offer there customers a broad range of modern banking services. The Deutsche Bank is available to personal and private clients with an all-round service ranging form account-keeping as well as cash and securities investment advisory to asset management. They offer there corporate and institutional clients the full range of an international corporate and investment bank, from payments processing and corporate finance to support with IPOs and M&A advisory. In addition to that, they have a leading position in international foreign exchange, fixed-income and equities trading.