History of Deutsche Bank in Australia

1877

Bain & Company is established.

1973

Deutsche opens representative office in Australia.

1986

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.

1989

Deutsche Bank acquires 50 per cent of Bain & Company, increasing its interests to 51 per cent in 1991.

1992

Deutsche Bank Group increases its voting interests in Bain & Company from 51 per cent to 100 per cent.

1994

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.

1995

Deutsche Bank Group's global investment banking activities are amalgamated under the name Deutsche Morgan Grenfell.

1996

Deutsche Bank Group is granted a banking licence in New Zealand.

1996

Bain & Company changes its name to Deutsche Morgan Grenfell.

1997

Deutsche Morgan Grenfell acquires Axiom Funds Management.

1997

Deutsche Morgan Grenfell acquires EL & C Baillieu, Melbourne.

1998

Deutsche Bank Group exercises the option to acquire the remaining 49 per cent equity interest in Deutsche Morgan Grenfell (Australia) (formerly Bain & Company).

1998

Deutsche Bank/Deutsche Morgan Grenfell changes its name to Deutsche Bank (Australia).

1998

Axiom Funds Management changes its name to Morgan Grenfell (Australia) Limited.

1998

Deutsche Bank announces it will acquire all outstanding shares of the common stock of Bankers Trust.

1999

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.

1999

Morgan Grenfell (Australia) changes its name to Deutsche Asset Management.

2004

Deutsche Bank forms an alliance with Plenary Group, the specialist public private partnership business.

2005

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.

2005

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.

2010

Deutsche Bank and Craigs Investment Partners officially form strategic alliance.

2013

Deutsche Craigs is formed, bringing together corporate finance and capital markets expertise in strong trans-Tasman alliance.