Jalandhar was known by the name Jullundur during the British era. This Indian city is situated in the north-western state of Punjab. It is considered to be one of the oldest cities in the country. It is the administrative headquarters of the Jalandhar district which is divided into 63 wards represented by the elected members called counselors. The city has a rich history in folklore. According to the Hindu epic Ramayana, Jalandhar was the capital of King Lav, the son of Lord Rama and was apparently named after a demon called "Jalandar". The main economic support of the city is derived from agriculture. The most grown crop is wheat followed by other crops such as rice, cotton, pearl millet, maize, sugarcane, barley and different fruits. Jalandhar is home to many government-run and private educational institutions. Prestigious institutions like the National Institute of Technology, Jalandhar, DAV University, Lovely Professional University, Sant Baba Bhag Singh University, Khalsa College etc. have been opened in Jalandhar. The city is also known for places of tourist attractions such as Devi Talab Mandir, Shiv Mandir, Shiv Bari Mandir, Imam Nasir Mausoleum and Jamma Masjid, Gurudwara Kakipind Rama Mandir, 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 .