Vijayawada, known as Bezawada in the local language, is located on the banks of Krishna river in the Indian state of Andhra Pradesh. Vijayawada is the 2nd most populous city in the state and it will soon become one of the satellite cities to the new state capital. The city works as a gateway to the rest of the country for the coastal agrarian regions of Andhra Pradesh. It also boasts of a high GDP. Vijayawada is surrounded by River Krishna which contributes to the fertile agricultural soil. Prakasham Barrage is one of the most recognizable and well-known landmarks of the city. The latest administration of the city is carried out by dividing the city into 59 wards. The economy in the city depends on agriculture along with other modern industries such as textile, automobile, hardware, consumer goods and other SMEs. There are a few large industrial estates located in and around the city which are known for heavy industries and the small-scale manufacture of auto components. Vijayawada is a major hub for education. There are many government-run and private academic institutions in the city like the SRR & CVR Government College, Andhra Loyola College, V R Siddhartha Engineering College, School of Planning and Architecture.
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 .