Bhiwani, a city and a municipal council, is located in the Bhiwani district of the Indian state of Haryana. It is a seat of spiritual learning and the center of regional politics. Bhiwani was known as the Gate of Rajputana before the independence. The city had 12 mighty gates in the 14th century, constructed by Thakur Neem Singh. Bhiwani is known for its conventional school of boxing. Many members of the Indian Boxing Squad are from Bhiwani. Some believe that Bhiwani got its name from Goddess Gauri Bhawani, yet another belief prevails that the name is derived from a Rajput Queen by the name of Bhani. The town has been a prominent center of commerce since the Mughal era. The town is also known for its numerous temples which earns it the name of "The Kashi of Haryana." Bhiwani is known for its textile industry and it houses the Grasim Textile Mills. The Technological Institute of Textile & Sciences at Bhiwani is Indias top textile research institute that was established by the Birla Group. There are also a few other colleges offering courses in technology, nursing and general disciplines.
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 .