Corporate Banking & Securities is made up of the Business Divisions Global Markets, Global Equities, Global Corporate Finance and the Global Banking Division. They offer financial products worldwide ranging from the straightforward issuing of a first-class government fixed-income bond to the individually-structured problem solution for complex financial requirements.
Global Transaction Banking comprises our mainly global activities in the fields of cash management , trade finance and trust & securities services.
Private Clients and Asset Management. We reorganized PCAM in 2003 to form the new Corporate Divisions Private & Business Clients and Asset and Wealth Management.
Private & Business Clients is focused on asset-building private clients and small businesses, especially in its three core markets of Germany, Italy and Spain.
Asset and Wealth Management comprises the Business Divisions Asset Management and Private Wealth Management. Asset Management consists primarily of our powerful retail franchises in Europe (DWS Investments) and the U.S.A. (Scudder Investments) as well as our global institutional asset management business. Private Wealth Management addresses high net worth individuals worldwide. We offer tailored solutions for these demanding clients’ wealth management needs in their home countries (onshore) and at the large international financial centers (offshore).
Corporate Investments. In our Group Division Corporate Investments, we have brought together our industrial shareholdings, other holdings including the real estate assets we use ourselves and our private equity and venture capital activities. In the reporting year, we continued to wind down our portfolio .