Tirupati is a religious city in the Chittoor district of the Indian state of Andhra Pradesh. The Ministry of Tourism of India awarded the title of the "Best Heritage City" to Tirupati in 2012-13. The city is being developed into a smart city. The city has a population of around three lakhs but it attracts lakhs of devotees who come to visit the famous Tirumala Venkateswara Temple. It is the worlds richest temple of Lord Venkateswara. Tourism is the major industry and main source of economic growth in Tirupati. The entire economy of the city is either directly or indirectly dependent upon Tirumala Tirupati Devasthanams. Being a tourism hub, the hospitality industry has also become a major industry in Tirupati as the city is dotted with hotels, lodges and other forms of accommodation for the devotees and tourists. Apart from tourism, the city is also known for its textile, mobile, automobile, electrical and electronic industries. Besides the main Tirumala Venkateswara Temple, devotees flock to this city to visit all the other ancient temples such as the Padmavathi Temple at Tiruchanur, the Kapileswara Temple at Kapila Theertham, the Govindaraja Temple, the Thathayyagunta Gangamma Temple, Sri Kodandaramaswami Temple, 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 .