shimla or Simla is the capital city of the Indian state of Himachal Pradesh. It is a hill-side city, known for being a much-coveted tourist destination. The name of the city is received from an incarnation of the Hindu goddess Kali, known as Goddess Shyamala Devi. Shimla was chosen to be the summer capital of British India in 1864. The city became the capital of Punjab after independence. It was later shifted to the territorial boundaries of Himachal Pradesh and was made its capital. It is the principal center for commercial, cultural and educational activities of Himachal Pradesh. The city consisted of small hamlets before 1815 when the British forces took control of the area. The conducive climatic conditions of the area attracted the British to set up the city amidst the dense forests of the Himalayas. Shimla houses many buildings styled in the neo-Gothic and Tudorbethan architectures dating from the colonial era. It also has multiple temples and churches. These specimens of colonial architecture along with the natural environment of the city attract tourists. Places worth visiting in Shimla are the Viceroy Lodge, the Christ Church, the Jakhoo Temple, etc. The Mall Road and the Ridge together form the city center and are full of tourists at all times. The Kalka?Shimla Railway line which is a UNESCO World Heritage Site is also a major tourist attraction. Tourism fuels the economy of this scenic city.
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 .