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Founders

Who Founded Deutsche Bank?

Adelbert Delbrück, Ludwig Bamberger · Founded 1870 · HQ today: Frankfurt, Germany

Who founded Deutsche Bank?

Deutsche Bank was founded by Adelbert Delbrück, Ludwig Bamberger in 1870 in Berlin, Germany. It is now led by Christian Sewing.

Founders
Adelbert Delbrück, Ludwig Bamberger
Founded
1870
Headquarters
Frankfurt, Germany
Number of founders
2
Current CEO
Christian Sewing (since 2018)
Where was Deutsche Bank founded?
Deutsche Bank was founded in Berlin, Germany in 1870. wikidata.org
When was Deutsche Bank founded?
Deutsche Bank was founded in 1870.
Who started Deutsche Bank?
Deutsche Bank was founded by Adelbert Delbrück and Ludwig Bamberger.
How old is Deutsche Bank?
Deutsche Bank is 156 years old as of 2026.

Founding Story

In 1870 German merchants still relied on British banks in London to finance their foreign trade. Berlin private banker Adelbert Delbrück and liberal politician and monetary expert Ludwig Bamberger led the founding of Deutsche Bank, which received its banking licence on March 10, 1870, with a statute to promote trade between Germany, other European countries and overseas markets. Branches in Shanghai and Yokohama (1872) and London (1873) followed quickly.

Adelbert Delbrück

Co-founder 1870

Background

Berlin private banker and head of the banking house Delbrück Leo & Co., who led the group of bankers that founded Deutsche Bank.

Role at Deutsche Bank AG

Adelbert Delbrück (1822-1890) was a Berlin private banker who took the initiative in founding Deutsche Bank in 1870. With Ludwig Bamberger and a consortium of private banking houses, he set up a joint-stock bank whose statute focused on financing trade between Germany and overseas markets, so German exporters no longer had to depend on London. Delbrück chaired the bank's supervisory board in its early years, while Georg von Siemens, a member of the management board from 1870 to 1900, built its operations and early international branches in Shanghai, Yokohama and London. (Exact birth year remains publicly undisclosed).

Ludwig Bamberger

Co-founder 1870

Background

Liberal politician and monetary expert who helped shape the German Mark and the Reichsbank.

Role at Deutsche Bank AG

Ludwig Bamberger (1823-1899) was a banker, economist and National Liberal member of the Reichstag. He co-founded Deutsche Bank in 1870 alongside Adelbert Delbrück and helped draft its founding concept as a bank for foreign trade. In parliament he was a leading advocate of the gold-backed German Mark and the creation of the Reichsbank in the 1870s.

Bamberger was born on July 22, 1823 and died on March 14, 1899. He was an economist, politician and writer. Ludwig Bamberger was born in 1823.

Deutsche Bank AG: CEO & Leadership History

Full timeline →

Christian Sewing

Chief Executive Officer

2018 – Present

Under Sewing the bank moved from five straight years of net losses (2015-2019) to a record ~$11 billion (€9.7 billion) profit before tax in 2025, with all 2025 financial targets met and ~$9.61 billion (€8.5 billion) of cumulative distributions for 2021-2025.

John Cryan

Chief Executive Officer

2015 – 2018

The bank reported losses and restructuring charges during his tenure. Christian Sewing replaced him in 2018.

Anshu Jain

Co-Chief Executive Officer

2012 – 2015

The bank faced legal and regulatory costs during his tenure and Jain resigned in 2015.

Josef Ackermann

Former Chief Executive Officer

2002 – 2012

He steered the bank through the 2008 financial crisis without a direct state capital injection, but the trading-led model he built left legal and regulatory problems that cost billions in the following decade.

Keep researching Deutsche Bank

Who Founded Deutsche Bank? FAQ

Who founded Deutsche Bank in 1870?

Deutsche Bank was founded in Berlin in 1870 on the initiative of private banker Adelbert Delbrück and politician Ludwig Bamberger, backed by a consortium of private banking houses.

What was Ludwig Bamberger's role in the establishment of Deutsche Bank?

Ludwig Bamberger, a leading liberal politician, economist, and monetary theorist who helped create the German Mark and the Reichsbank, drafted Deutsche Bank's founding statutes to foster German foreign trade and establish an independent international payment network.

What was Adelbert Delbrück's role at Deutsche Bank?

Adelbert Delbrück, head of the Berlin banking house Delbrück Leo & Co., led the founding consortium and chaired the bank's supervisory board in its early years.

Why was Deutsche Bank founded specifically in 1870?

Prior to 1870, German international trade had to be financed through London and Paris banking houses, requiring British pound sterling bills of exchange. Deutsche Bank was created to allow German merchants to settle cross-border commerce directly in German currency.

Where were Deutsche Bank's first international branches opened?

Deutsche Bank rapidly opened international branches in Shanghai and Yokohama in 1872, followed by a London branch in 1873, establishing direct trade finance links between Europe and major Asian trading ports.

What major infrastructure projects did Deutsche Bank finance in its early decades?

Deutsche Bank financed landmark global infrastructure projects including the Gotthard Rail Tunnel in Switzerland (1870s), the Northern Pacific Railroad in the United States (1880s), and the historic Baghdad Railway connecting Europe to the Middle East.

How did Deutsche Bank participate in the industrialization of Germany in the late 19th century?

Deutsche Bank played a crucial role in financing the rise of German industrial giants, providing capital, underwriting stock market listings, and holding board seats for corporations such as Siemens, BASF, Bayer, and Krupp.

What became of Deutsche Bank's founding headquarters in Berlin?

Deutsche Bank operated from its historic Berlin headquarters on Behrenstraße and Mauerstraße until the end of World War II. Following the division of Germany, operations were decentralized and subsequently reconstituted in Frankfurt am Main in 1957.

Who founded Deutsche Bank?

It was founded by a massive coalition of German private bankers and politicians, most notably Adelbert Delbrück and Ludwig Bamberger. Their goal was to completely break the monopoly that British banks held over global trade finance.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.