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DB US Holding Corporation history
DB US Holding Corporation company history timeline
He invited Siemens to the USA in 1883 and it was a veritable expedition corps that set out from Bremerhaven to celebrate the completion of the Northern Pacific Railway in the west of the USA in virtually Byzantine proportions together with Villard.
Siemens saw the risks clearly enough, but had gained a positive impression of the company's development potential. Thus, the year 1883 marked the beginning of Deutsche Bank's North American syndicate business that stretched over the following three decades.
Just such an emergency situation occurred in 1893: the Northern Pacific became insolvent.
New business was rare, and when it did take place, the roles were reversed: in 1927, the bank took out a bond in the United StatesA. totaling 25 million dollars.
In addition, the UBS-DB Corporation was established in 1971 and engaged not only in the custody and issuing business, but also in leasing transactions and the referral of shareholdings.
In 1974, Franklin National Bank, which had become insolvent, was taken over, which opened the door to retail banking.
It was first in 1979 that Deutsche Bank opened a New York branch.
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DB US Holding Corporation may also be known as or be related to DB US Corporation, DB US Holding Corporation and Db USA Corporation.