Deutsche Bank: The Global Hausbank, 1870 2020 by Werner Plumpe

Deutsche Bank: The Global Hausbank, 1870 2020 by Werner Plumpe

A comprehensive history of one of the major players in the world of international finance.

Over the course of its 150-year history, Deutsche Bank has established itself as a major player in the world of international finance, but has also been confronted by numerous challenges that have changed the face of Europe – from two world wars, to the rise and subsequent fall of communism.

In this major work on the bank's history, Werner Plumpe, Alexander Nützenadel and Catherine R. Schenk deliver a vibrant account of the measures the bank undertook in order to address the profound upheavals of the period, as well as the diverse and unusual demands it had to face.

These included the First World War, which brought the world’s first period of globalization to a sudden and dramatic end, but also the development of the predominantly national framework within which the bank had to operate from 1914 until the fall of the Berlin Wall in 1989.

More recently, the focus has shifted back to European and global activities, with Deutsche Bank forging new paths into the Anglo-American capital markets business – so opening another extraordinary chapter for the bank.

Werner Plumpe studied history and economics. After guest professorships in Tokyo and other cities, he has been professor at Goethe University in Frankfurt am Main since 1999. His research focuses on the general economic and social history of the modern era, as well as on the business and industrial history of the 19th and 20th centuries.

Alexander Nützenadel studied history, economics and IT. Since 2009 he has been Professor of Social and Economic History at Humboldt-University Berlin. His research focuses on the economic history of European dictatorships in the interwar period and the history of economic experts in the 20th century. His recent publications have dealt with the role of the Italian central bank in the debt crisis of the 1970s and the development of urban real estate markets at the turn of the 20th Century.

Catherine R. Schenk studied economics, international relations and sinology. Following academic posts in, amongst other places, New Zealand, London and Glasgow, since 2017 she has been Professor of Economic and Social History at the University of Oxford. Her research focuses on the history of international banking and international monetary relations, mainly since 1945, with a special emphasis on regulation and governance of the global economic system. Most recently, she has written books on the history of the British pound and on international economic relations since 1945.