Mangalore has been recently renamed as Mangaluru. It is a well-known port town in the Indian state of Karnataka. The city serves as the administrative headquarters of the Canara region of Karnataka. It is well known for its splendid beaches as well as a relaxed lifestyle. The Mangalore port fuels the development of the city, making it strategically the most important city on the Malabar coast. Mangalore, being one of the most cosmopolitan towns in the region, has a diverse population. The city lies on the estuary of the Netravati river and thus has a very fertile soil which supports the cultivation of coffee and cashews. Exports, commerce and petrochemicals drive the economy of the city. The IT industry is gradually gaining prominence in Mangalore as companies like Infosys, Cognizant, Mphasis have recently opened their offices in the city. Mangalore has large petrochemical companies like MRPL, MCF, ELF. Mangalore along with the adjoining city of Manipal combine to form a hub for education. Institutes like NIT Ranchihkal, Kasturba Medical College, Manipal University, Mangalore University, etc. attract students from all over the country. Mangalore boasts of its natural beauty and tourists flock to the city to relish the pleasant aura of the Tannirbhavi beach, the Panambur beach, St. Marys island, Kudroli Gokarnath Temple, Kadri Manjunath temple, Sammilan Shettys butterfly park, Rosario Cathedral, etc.
The Deutsche Bank AG is a German financial service and investment banking company based in Frankfurt, Germany. It is present in 58 countries with a presence in Asia, Europe, and the Americas. It is the 17th largest bank in the world by total assets, as of December 2017. The Deutsche Bank company is a component of the Euro Stoxx 50 and DAX stock market indices. It is a universal bank positioned on three pillars the Private & Commercial Bank, the Corporate & Investment Bank and Asset Management. It was founded in Berlin as a specialist bank for foreign trade in 1870. On 22 January 1870, the banks statute was adopted, and on 10 March 1870, the Prussian government granted it a banking license. The law focused more on foreign business. The bank aims to transact all types of banking business and facilitate trade relations between Germany and the other markets. The three founders of Deutsche Bank were Georg Siemens, Adelbert Delbruck, and L. Bamberger. The German importers and exporters were dependent upon English, and French banking institutions previous to the founding of Deutsche Bank in the world markets as German bills were almost unknown in international commerce.