Deutsche Bank AG (German pronunciation: [ˈdɔʏ̯tʃə ˈbaŋk ʔaːˈɡeː] (About this soundlisten)) is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the New York Stock Exchange and the Frankfurt Stock Exchange.
The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. As of 2017–2018, Deutsche Bank was the 21st largest bank in the world by total assets. As the largest German banking institution, it is a component of the DAX stock market index.
The company is a universal bank with three major divisions: the Private & Commercial Bank, the Corporate & Investment Bank (CIB), and Asset Management (DWS). Its investment banking operations often command substantial deal flow.