Bhubaneswar is the capital of the eastern Indian state of Odisha. The city is located in the Khordha district of Odisha, and it is the largest city in the state. It lies on the eastern coastal plains near the Eastern Ghats. The topography of the city is split into the western uplands and the eastern lowlands. There are hillocks in the northern and the western parts of Bhubaneswar. The city falls under the jurisdiction of the Bhubaneswar Municipal Corporation area. There are 173 revenue villages and two other municipalities within this boundary. The city is shaped like a dumbbell. The city can be distinctly categorized into the old town and the new planned city. The old town is primarily characterized by temples and hence often referred to as the Temple town by the locals. Some of the famous temples here include the Lingaraj Temple, the Rajarani Temple and the Kukteshwara Temple. The newer planned city was conceptualized and designed in 1948 to house the state capital. It is a modern city with schools, colleges, universities, shopping centers, hospitals and recreational facilities. This fast-growing city is an important trading and commercial center in Odisha as well as in eastern India. Its a great place for business and is rapidly transitioning into an IT hub. Tourism considerably contributes to the economy of the city as it is very near to the coveted sea-side destination as well as a pilgrimage - Puri. Other popular places of tourist attraction near Bhubaneswar is the Konark Sun Temple, Dhauligiri, Nandan Kanan Zoo, etc.
In 1870, the Deutsche Bank was founded in Berlin by Georg Siemens, Adelbert Delbruck, and L.Bamberger. The primary objective of the company is to facilitate trade relations between Germany and other markets, European or overseas. In 1929, the bank associated with other local banks to form Deutsche Bank und DiscontoGesellschaft, the biggest ever merger in the history of German banking. The one reason for the merger was increasing costs. In the 1920s, another trend was towards concentration throughout the industry. The alliance striked at the right time to help counteract the banking crisis. The company name changed back to Deutsche Bank in 1937. After Adolf Hitler came to power, instituting the Third Reich, three Jewish board members were dismissed by the bank in 1933. During the war, Deutsche Bank included other banks which came in hands of Germans while working in Eastern Europe. Banking facilities for the Gestapo were offered by the Deutsche Bank along with the loans credited to build the Auschwitz camp. In the financial year 2008, the Deutsche Bank reported its first annual loss in fifty years inspite of receiving billions of dollars from its insurance arrangements with AIG. The co-CEOs, Jrgen Fitschen, and Anshu Jain, both offered their resignations to the banks supervisory board, which were accepted in 2015 but until January 2016, Jain provided consultancy to the bank. The Fitschen continued as joint CEO until May 2016.On July 2016, the appointment of John Cryan as joint CEO was announced and at the end of Fitschens term, he became the sole CEO .