The city of Chandrapur is situated in the Indian state of Maharashtra. It is a municipal corporation in Chandrapur district and serves as the center of governance of the eponymous district. Chandrapur was originally a Fort city that was founded by a Gond king by the name of Khandakya Ballal Sah in the 13th century. Situated at the confluence of Rivers Irai and Zarpat, the area surrounding the city is rich in minerals, especially coal. Therefore, Chandrapur is popularly known as the "black gold city." The city experiences a hot and dry climate. Chandrapur has around 3.8 lakh residents who mostly speak in Marathi. The natives belonging to the Gond tribe use the Gondi language, whereas Telugu is also widely spoken by Telugu settlers in Chandrapur. Most of the residents are fluent in Hindi and many can speak English. Coal mining mainly fuels the economy of this city, backed by other emerging industries such as cement making, paper manufacturing, and ferroalloy manufacturing. The Chandrapur Super Thermal Power Station employs thousands of residents and also supplies more than 25% of Maharashtras electricity. The Tadoba National Tiger Reserve in the vicinity of Chandrapur is a major attraction for tourists and environmentalists.
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 .