MILAN - Deutsche Bank is one of the main financial corporations in the world. Since 1977 it has had a presence in Italy, a country in which it has steadily invested, making it its main European market after Germany. With approximately 4,000 employees, 1,550 financial advisors and more than 600 branches, Deutsche Bank is one of the leading international banks in Italy, where it operates through four divisions in line with its main headquarters.
Private Clients & Asset Management (PCAM) is the division comprising investments and banking activities for private individuals and small and medium-sized enterprises. It includes a network of 317 branches, the consumer banking activities of Deutsche Bank Easy and a network of 1,550 Finanza & Futuro financial advisors.
Corporate Banking & Securities (CG&S) is an international structure specialised in value added services for large companies, multinationals and institutional clients which operates through two business lines. The Markets division manages all the structuring, sales & trading activities as well as research on equities, currencies, money markets, commodities and derivatives. The Corporate Finance division provides strategic analysis of the business portfolio and of the competition and other services such as public tender offers, mergers and divestitures, IPOs, high value long duration transactions in the Real Estate, Infrastructures and Transport sectors, Structured Finance and Liquidity Management.
Global Transaction Banking (GTB) comprises commercial banking products and services for corporate clients and financial institutions, including domestic and cross-border payments, professional risk mitigation for international trade and the provision of trust, agency, depositary, custody and related services.
The Asset & Wealth Management (AWM) division is composed of two main areas. Asset Management offers a complete range of products and services for individual and institutional investors, while Wealth Management is specialised in the provision of personalised financial solutions through an approach that is integrated with the asset management of individuals, their family and - where applicable - their own business.
Juergen Fitschen is the Chairman of the Management Board of Deutsche Bank SpA. Since October 2008, Flavio Valeri has been President and Managing Director of the Board of Management of Deutsche Bank SpA, as well as Chief Country Officer of Deutsche Bank in Italy.
Deutsche Bank, founded in Berlin in 1870, has more than 100,000 employees globally and relies on a widespread and diversified international presence, operating in over 70 countries worldwide.