Durgapur, situated in the Burdwan district of the Indian state of West Bengal, is Indias second planned city. It is the third largest city in West Bengal and is also known as the "Ruhr of India." It lies beside the Damodar River and is the only city in the eastern part of India to have an operational dry dock. The city is a base of industrialization in East India owing to it coal-rich belt which supports the flourishing steel, cement, thermal power and chemicals industries. Large-scale industries like the Durgapur Steel Plant, the Durgapur Thermal Power Station, the Durgapur Cement Ltd, Graphite India Ltd, Hindustan Fertilizer Corporation, etc are based out of this city. Education is another sector that has a strong hold on this region. Institutions like National Institute of Technology, National Power Training Institute, Central Mechanical Engineering Research Institute, apart from several Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas School ensure quality education to the youth of Durgapur. Durgapur is not exactly a typical spot for tourism. However, some of the places worth visiting include Durgapur Barrage, Mohan Kumar Mangalam Park, Anand Amusement Park, Rahreswar Shibtola, Ram Mandir, Deul Park, Garh Jungle, 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 .