On This Day

Five Bank of Credit and Commerce members are found guilty of money laundering

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt.

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt. It is dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.

Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan Grenfell in 1990, Bankers Trust in 1998, and Deutsche Postbank in 2010.

As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia.

Historical Significance

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt.

Events Before

  1. Fall of the Berlin Wall

    The Berlin Wall falls as East Germany opens its borders, symbolizing the end of the Cold War and the beginning of German reunification.

  2. Year of the Young Reader begins

    Batman Begins is a 2005 superhero film based on the DC Comics character Batman. Directed by Christopher Nolan, who co-wrote the screenplay with David S.

  3. British comedy sketch series "A Bit of Fry and Laurie", starring Stephen Fry and Hugh Laurie, debuts on BBC1

    A Bit of Fry & Laurie is a British sketch comedy television series written by and starring former Cambridge Footlights members Stephen Fry and Hugh Laurie, broadcast on both BBC1 and BBC2 between…

  4. Poland's communist government begins "Round Table" talks with the Solidarity trade union and its leader Lech Wałęsa in a

    Poland's communist government begins "Round Table" talks with the Solidarity trade union and its leader Lech Wałęsa in an attempt to ease growing social unrest

  5. NBA power forward Charles Barkley (26) weds legal aide Maureen Blumhardt in Elkton, Maryland

    NBA power forward Charles Barkley (26) weds legal aide Maureen Blumhardt in Elkton, Maryland

Events After

  1. Peter Burling is born

    Peter Burling, New Zealand athlete, known for new zealand sailor, was born on 1991-01-01. Peter Burling is a New Zealand sailor.

  2. 5% sales tax on consumer goods and services goes into effect in the USSR

    The history of the United States from 1980 until 1991 includes the last year of the Jimmy Carter presidency, eight years of the Ronald Reagan administration, and the first three years of the George...

  3. Baseball officially bans Pete Rose from being elected to the Hall of Fame for betting on baseball

    Peter Edward Rose Sr. (April 14, 1941 – September 30, 2024), nicknamed "Charlie Hustle", was an American professional baseball player and manager.

  4. Operation Desert Storm begins, with US-led coalition forces bombing Iraq, during the Gulf War

    The Gulf War was an armed conflict between Iraq and a 42-country coalition led by the United States.

  5. CBS News correspondent Bob Simon and four TV crew members are captured and held for 40 days by Iraqi forces during the G

    CBS News correspondent Bob Simon and four TV crew members are captured and held for 40 days by Iraqi forces during the Gulf War

More from the 1990s

Frequently Asked Questions

What happened on July 30, 1990?
Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt. It is dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. Deutsche Bank was founded in 1870 in Berlin.
Why is Five Bank of Credit and Commerce members are found guilty of money laundering significant?
Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt.

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