Ghaziabad is a well-known city which is often called the “Gateway of Uttar Pradesh” due to its proximity to the capital city of India, New Delhi. Ghaziabad is a part of the National Capital Region and is inhabited by more than 2 million people. Wazir Ghazi-ud-din founded Ghaziabad in 1740. He named it ‘Ghaziuddinnagar’ after himself. The Mughal royal family would visit Ghaziabad for picnics, especially in the areas near the Hindon river. The Hindon river clearly divides the city into two parts – the Cis-Hindon on the east bank and the Trans-Hindon on the west. Ghaziabad is a huge and planned industrial city and it is the main educational, commercial and industrial center of Western Uttar Pradesh. Ghaziabad witnessed a gigantic industrial growth soon after independence. Steel manufacturing units were the first to be set up in the area, followed by electronic industries. Many major industrial houses quickly followed in setting up their units in and around Ghaziabad. A rapidly developing city, plenty of new job opportunities have recently opened up in Ghaziabad owing to its recent corporate boost. Many new commercial and residential projects are being set up in the city, gradually turning Ghaziabad into a real estate hub.
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 .