Haridwar is an ancient and holy city in the Indian state of Uttarakhand. The River Ganga, after having descended from its source in the Gangotri Glacier for 253 kilometers, enters the Indo-Gangetic Plains for the first time at Haridwar. Hence the ancient name of the city was Gangadw?ra. Haridwar is one of the sapta Puri or seven holiest places where, according to Hindu mythology, salvation can be attained. According to Hindu religious texts, Amrit or elixir had been accidentally spilled over Haridwar during the mythological "Samudra Manthan." The spot where the elixir had been spilled is known as Brahma Kund which is a celebrated Hindu pilgrimage. Moreover, the Kumbh Mela is celebrated at Haridwar every 12 years and millions of people from across the world throng to the city. They perform the ritualistic dip in the holy Ganga and seek salvation. Tourism drives the economy of the state and the place is always full of devotees or tourists. The hospitality industry is equally thriving in this city. Haridwar is also an ancient seat of learning and it hosts many prestigious educational institutions. The city is well connected to all parts of the country. The most famous places that people visit in Haridwar are Har Ki Pauri, Chandi Devi Temple, Kankhal, Pawan Dham, Bharat Mata Mandir, etc. There are quite a few places for shopping in Haridwar where people usually purchase items of devotion and inexpensive ornaments.
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 .