History of Deutsche Bank in Australia
Bain & Company is established.
Deutsche opens representative office in Australia.
A wholly owned subsidiary of Deutsche Bank is granted an unrestricted banking licence, transacting both commercial and investment banking business from offices in Melbourne and Sydney.
Deutsche Bank acquires 50 per cent of Bain & Company, increasing its interests to 51 per cent in 1991.
Deutsche Bank Group increases its voting interests in Bain & Company from 51 per cent to 100 per cent.
Deutsche Bank AG is granted authority to establish a foreign bank branch operation in Australia (Sydney & Melbourne) and the previous banking subsidiary exists carrying on banking business from this date. Bain & Company continues to operate the investment banking activities in Australia.
Deutsche Bank Group's global investment banking activities are amalgamated under the name Deutsche Morgan Grenfell.
Deutsche Bank Group is granted a banking licence in New Zealand.
Bain & Company changes its name to Deutsche Morgan Grenfell.
Deutsche Morgan Grenfell acquires Axiom Funds Management.
Deutsche Morgan Grenfell acquires EL & C Baillieu, Melbourne.
Deutsche Bank Group exercises the option to acquire the remaining 49 per cent equity interest in Deutsche Morgan Grenfell (Australia) (formerly Bain & Company).
Deutsche Bank/Deutsche Morgan Grenfell changes its name to Deutsche Bank (Australia).
Axiom Funds Management changes its name to Morgan Grenfell (Australia) Limited.
Deutsche Bank announces it will acquire all outstanding shares of the common stock of Bankers Trust.
Deutsche Bank takes control date of Bankers Trust globally. In Australia, Bankers Trust Australia (BTAL) is sold to the Principal Financial Group including the BT Investment banking business which is subsequently sold to Macquarie Bank. The Global Custody business in Australia and Bankers Trust New Zealand Investment Banking Operations are retained.
Morgan Grenfell (Australia) changes its name to Deutsche Asset Management.
Deutsche Bank forms an alliance with Plenary Group, the specialist public private partnership business.
Deutsche Bank's Australasian headquarters relocates to the newly built Deutsche Bank Place, Corner Hunter and Phillip Streets, Sydney, which is the first Lord Norman Foster building in the Southern hemisphere.
Deutsche Bank announces the expansion of its Private Wealth Management Division in Australia by taking on the former HSBC Asset Management Private Investment Group from Challenger Financial Services.
Deutsche Bank and Craigs Investment Partners officially form strategic alliance.
Deutsche Craigs is formed, bringing together corporate finance and capital markets expertise in strong trans-Tasman alliance.