Clean Break: the company completely halting Russian engagements or exiting Russia

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Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia.

 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

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Revenue(RF), mln.USD
126
Assets, mln.USD
55
Capital, mln.USD
31
Glob.Revenue, mln.USD
26320
Staff
1500
Taxes, mln.USD
10

Russian Deutsche Bank earned 5.4 billion rubles of net profit in 2022. It has increased by 5.8 times and has become a record since at least 1999.

The Company Statement
March 17, 2023

Wind down business in Russia. Deutsche Bank is winding down its remaining software centers in Moscow and St. Petersburg and plans to cut 500 jobs. About 500 employees of IT centers who still remain in Russia will be offered to resign within six months with severance pay.

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Statements Archive
April 21, 2023The Russian "subsidiary" of Deutsche Bank grew a record profit
April 20, 2023Final record: The Russian structure of Deutsche Bank ended 2022 with a profit of 5.4 billion rubles.
April 12, 2023Deutsche Bank to close IT centers in Russia and lay off 500 workers - FT
April 12, 2023Deutsche Bank to close down its remaining IT operations in Russia
May 18, 2022Deutsche Bank closed the accounts of large Russian banks
March 11, 2022Statement on business activities in Russia
March 11, 2022Statement on business activities in Russia
March 11, 2022Statement on Russia
Deutsche Bank in Russia
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