History of Banking Business

Banking and Trust
1870 Deutsche Bank was founded in Berlin as a public company
1872 Opened Yokohama branch office, Deutsche Bank’s first overseas operation (closed in 1875)
1905 Deutsch-Asiatische Bank, in which Deutsche Bank held a major stake, established branch office in Yokohama (closed in 1923 by the Great Kanto Earthquake)
1906 Deutsch-Asiatische Bank, opened branch office in Kobe (closed in 1932)
1958 Became first German institution to re-enter the international bond issuing business
1962 Lead-managed Japan’s first ever bond issued in Germany
Deutsche Ueberseeische Bank(DUB), subsidiary of Deutsche Bank, jointly opened representative office in Tokyo
1971 Upgraded joint Deutsche Bank and DUB representative office in Tokyo to branch status
1976 DUB merged with Deutsche Bank and the DUB branch office becomes Deutsche Bank’s own Tokyo branch
1977 Opened a representative office in Osaka
1982 Opened a representative office in Nagoya. Upgraded Osaka representative office to branch status (closed in 2001)
1989 Nagoya representative office upgraded to branch status (closed in 2000)
2000 Relocated Tokyo branch to Sanno Park Tower
2005 Deutsche Trust Bank Limited transfers its Trust and Agency Services business to DB Trust Company Limited Japan
Deutsche Trust Bank Limited returns its trust bank license
Deutsche Bank Tokyo Branch became member of Zengin System, the clearing system for all banks for Yen-denominated local payments
2014 DB Trust Company Limited Japan renamed to Deutsche Trust Company Limited Japan
Securities
1986 DB Capital Markets (Asia) Limited Tokyo Branch started operation
1988 DB Capital Markets (Asia) Limited became member of Tokyo Stock Exchange
1991 DB Capital Markets (Asia) Limited became member of Osaka Securities Exchange
1994 DB Capital Markets (Asia) Limited became a registered dealer of TIFFE (Tokyo Int'l Financial Futures Exchange). DB Capital Markets (Asia) Limited became 100% subsidiary of Deutsche Bank
1996 Deutsche Bank Capital Markets (Asia) Limited renamed to Deutsche Morgan Grenfell Capital Markets Limited
1998 Deutsche Morgan Grenfell Capital Markets Limited renamed to Deutsche Securities Limited
1999 Acquisition and Integration of Bankers Trust
2000 Relocated to Sanno Park Tower
2003 Toru Hashimoto appointed as Chairman of Deutsche Securities Limited Tokyo Branch
2006 Deutsche Securities Limited Tokyo Branch incorporated in Japan as Deutsche Securities Inc.
2007 David Hatt appointed as Representative Director and President of Deutsche Securities Inc.
2008 Norimichi Kanari appointed as Chairman of Deutsche Securities Inc.
2013 Makoto Kuwahara appointed as Representative Director and President of Deutsche Securities Inc.
Asset Management
1985 Morgan Grenfell International Asset Management Co. Ltd. established
Bankers Trust in Japan established
1987 Registered to provide investment advisory business
Obtained license for discretionary investment management business
1990 Morgan Grenfell International Asset Management Co. Ltd. merged with Deutsche Investment Advisory Co. Ltd.
Name changed to DB Morgan Grenfell
1995 Name changed to DB Morgan Grenfell Investment Trust and Advisory Co. Ltd.
Obtained license as securities investment trust management company
1996 Name changed to Deutsche Morgan Grenfell Investment Trust and Advisory Co. Ltd.
Integrated Chase Manhattan Trust Bank, name changed to Deutsche Morgan Grenfell Trust Bank Ltd.
1999 Deutsche Bank acquired Bankers Trust in the U.S.A.
Deutsche Morgan Grenfell Asset Management Co. Ltd. and Bankers Trust Investment Japan merged to form Deutsche Asset Management (Japan) Ltd.
Deutsche Morgan Grenfell Trust Bank Ltd. renamed to Deutsche Trust Bank Ltd.
2000 Deutsche Asset Management (Japan) Ltd. and Deutsche Trust Bank Ltd. relocated offices to Sanno Park Tower
2002 Merged with Zurich Scudder Investments Japan Inc.
2005 Deutsche Asset Management (Japan) Ltd. and Deutsche Trust Bank Ltd. integrate their asset management operations, to form Deutsche Asset Management (Japan) Ltd.
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Last Update: January 29, 2014
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