Deutsche Bank AG is a global banking and financial services company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets.
Deutsche Bank has offices in major financial centres including London, Frankfurt, New York, Paris, Moscow, Amsterdam, Dublin, George Town, Cayman Islands, Toronto, Sao Paulo, Singapore, Hong Kong, Tokyo, Sydney, Dubai, Riyadh, Mumbai and Belgrade.
Our bank offers financial products and services for corporate and institutional clients along with private and business clients. Services include sales, trading, research and origination of debt and equity; mergers and acquisitions (M&A); risk management products, such as derivatives, corporate finance, wealth management, retail banking, fund management and transaction banking.
Deutsche Bank regards active participation in political opinion-making, and contributing toward the democratic legislative process, as part of its social responsibility. Through our political work in Berlin, Brussels, London, and Washington, D.C., we participate in international efforts to strengthen the financial regulatory framework. We do this by: informing senior management of policy developments, connecting expertise from across the bank to develop consistent policy positions, and influencing regulatory debates by positioning Deutsche Bank as a respected voice on issues affecting financial markets. We support initiatives aimed at improving capital markets, and contribute to expert committees, professional associations, and the policy-making process in legislative and regulatory bodies.
We are, for instance, active in professional bodies, including the Securities Industry and Financial Markets Association (SIFMA) and its European and Asian affiliates, the International Swaps and Derivatives Association, the International Capital Markets Association, the Bundesverband Deutscher Banken (BdB), and other local and regional banking and asset management associations. Our activities in international bodies that are active in shaping the regulatory environment comprise the Basel Committee on Banking Supervision (BCBS), the Financial Stability Board, and the International Organization of Securities Commissions (IOSCO).
We conduct a continuous dialog with governments, parliaments, and supervisory authorities to help them develop tools for avoiding another global financial crisis. Central coordination of global regulatory policy issues is handled by the Government & Regulatory Affairs Department, in close cooperation with the offices in Berlin, London, and Washington, D.C., as well as with the EU Representation in Brussels. The team members of that area maintain direct contact with supervisory authorities and legislators in national and supranational institutions, helping to coordinate dialog with specialists from across the bank.
A Regulatory Contact Office – based in Frankfurt, London, and New York – assists Deutsche Bank’s communication with home and host supervisors. The main focus of its activities is on the coordination of the bank’s interaction with its supervisory colleges, in particular the trilateral, made up of the German Bundesanstalt für Finanzdienstleistungsaufsicht, the New York Federal Reserve, and the U.K. Financial Services Authority.
Deutsche Bank EU Representation
Today, about 70 percent of all financial market laws and regulations in Europe are issued in Brussels. For many years, our EU Representation there has served as a link between our corporate Group and EU institutions. The office offers our expertise and market experience, with respect to financial services issues, to EU representatives. By promoting a solid regulatory framework, more transparency, and continued integration of the European financial markets, the EU Representation contributes toward continuous political communication with EU decision-makers at all levels and is supported in this endeavor by our experts. As part of the democratic decision-making process, which incorporates the points of view of all affected stakeholders, the bank’s EU Representation addresses the interests of Deutsche Bank in political discussions.
Our EU Representation also underscores its ambassador function by organizing cultural and social events that are open to the general public in Brussels. Thus – in addition to its political work – the EU Representation also promotes the bank as a responsible corporate citizen.
Activities in 2011
Reforms worldwide are mainly focused on enhanced capital and liquidity requirements, improved market infrastructure, and strengthened corporate governance. Deutsche Bank is committed to measures that enhance the resilience of financial markets and institutions in crisis situations.
In 2011, we responded to consultations and put forward views on a wide range of proposals – covering topics such as enhanced capital and liquidity requirements to bank levies and wider governance issues. Following global agreement on the Basel III framework to improve bank capital and liquidity, Deutsche Bank has provided analysis and views to central banks, regulators, and EU institutions as they prepare to implement the standards. We have also contributed to BCBS consideration of outstanding elements of the framework. As the G20 agreement to centrally clear and report OTC derivatives has been transposed into global standards by IOSCO, detailed rules in the U.S. and draft law in the EU, Deutsche Bank has been an active participant in these debates about the future of financial market infrastructure.
Deutsche Bank Memberships in Association
Through our memberships with industry and trade bodies, think tanks, NGOs, as well as charitable associations, we are making a contribution towards sustainable development.
Building on our expert knowledge, we seek to identify, stimulate, and actively support measures to which counteract climate change and support sustainable growth. We also use our memberships to engage with partners who are specialists in their fields to develop our thinking and to make sure we are following expert advice when evolving our strategy and activities.
List of our active memberships and participations
- German Environmental Management Association (B.A.U.M) e.V. [Environmental initiative of the German business sector ; Deutsche Bank received the B.A.U.M. Environmental Award in 2003]
- Deutsche Energie Agentur (DENA) [An institution of the German federal government and a leading financial services provider for the promotion of energy efficiency and renewable energies]
- German Sustainable Building Council (DGNB) [ Established in 2007 to promote sustainable construction, it comprises over 900 organizations in the construction and real estate sectors]
- Deutscher Industrie-und Handelskammertag e.V. (DIHK) [Lobby of the German business sector operating among decision makers in local, state, and federal politics, and in European institutions]
- Die Umwelt-Akademie e.V. [Dialog platform for science, industry, politics, and society aimed at promoting sustainable ecological and economic development]
- Econsense– Forum for Sustainable Development of German Business e.V. [Initiative of leading German companies and organizations to pursue a sustainability oriented corporate strategy]
- Forum für Zukunftsenergien e.V. [Forum promoting safe, cost-effective, and resource-friendly energy supplies]
- Global Reporting Initiative [Global Reporting Initiative (GRI) is a network-based non governmental organization that aims to drive sustainability and Environmental, Social and Governance (ESG) reporting. GRI produces the world’s most widely used sustainability reporting framework to enable this drive towards greater transparency. The framework, incorporating the ‘G3 Guidelines’, sets out the principles and indicators that orga¬nizations can use to measure and report their economic, environmental, and social performance. GRI is committed to continuously improving and increasing the use of the Guidelines, which are freely available to the public]
- Investor Network on Climate Risk (INCR)[ Network of investors and credit institutions aimed at promoting an understanding of loan risks and investment opportunities against the background of climate change.
- Climate Change Finance Forum (CFI) [The „Climate Change Finance Forum“, Germany is a core research and dialogue platform for the effective implementation of the government’s climate policy within the framework of the “High-Tech Strategy on Climate Protection”. The Forum aims to develop and implement research initiatives and to promote systematic cooperation with the BMBF]
- Principles for Responsible Investment (PRI) [Principles for Responsible Investment, an investor-led initiative convened by UNEP FI and the UN Global Compact, was established to help investors achieve better long-term investment returns and sustainable markets through improved analysis of environmental, social and governance issues. The Initiative has over 870 signatories from 45 countries with more than US$ 25 trillion of assets under management]
- Sustainable Business Institute, Plattform nachhaltiges-investment.org (SBI) [Non-profit organization with ties to universities, with the aim of spreading the concept of sustainability in business and public life]
- UNEP Finance Initiative [Partnership between UNEP (UN Environment Programme) and the finance sector; specialist working groups on asset management, climate change, environmental management, and reporting]
- UN Global Compact [Launched in 2000, the United Nations Global Compact is a call to companies around the world to align their strategies and operations with ten universal principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of broader UN goals. Through the development, implementation, and disclosure of responsible corporate policies and practices, business can help ensure that markets advance in ways that benefit economies and societies everywhere. With more than 6,000 corporate signatories in over 135 countries, it is the world’s largest corporate responsibility initiative]
- Verein für Umweltmanagement in Banken, Sparkassen und Versicherungen e.V. (VU) [Forum in which financial industry specialists share opinions and experience in connection with ecological and sustainability issues]
- World Business Council for Sustainable Development [The WBCSD is a CEO-led, global coalition of some 200 companies advocating for progress on sustainable development. Its mission is to be a catalyst for innovation and sustainable growth in a world where resources are increasingly limited. The Council provides a platform for companies to share experiences and best practices on sustainable development issues and advocate for their implementation, working with governments, non-governmental and intergovernmental organizations. The membership has annual revenues of USD 7 trillion, spans more than 35 countries and represents 20 major industrial sectors. The Council also benefits from a network of 60 national and regional business councils and partner organizations, a majority of which are based in developing countries]
- World Economic Forum [International platform for a dialog between business and political leaders with the aim of resolving global problems]
- The Global Leadership and Technology Exchange [The Global Leadership and Technology Exchange is a vehicle for business leaders to identify and pursue collaborative projects to capture low -carbon value. In so doing, GLTE aims not only to prepare businesses to compete in a carbon-constrained future; it also aspires to make a practical contribution to overcoming the climate challenge by helping to redefine economic growth.]