DekaBank
DekaBank Deutsche Girozentrale is the central provider of asset management and capital market solutions of the Sparkassen-Finanzgruppe, a network of public banks that together form the largest financial services group in Germany and in all of Europe. It is registered in both Frankfurt and Berlin, with main operational headquarters in Frankfurt. It traces its origins to the Deutsche Girozentrale, established in 1918 as a hub for payments within the German savings banks system.
Trianon building in Frankfurt, DekaBank head office since 1993 | |
| Company type | Anstalt des öffentlichen Rechts |
|---|---|
| Industry | Financial services |
| Founded | 1918 |
| Headquarters | Frankfurt am Main, Germany |
Key people | Helmut Schleweis (Chairman) Georg Stocker(CEO) |
| Revenue | €928.3 million (30 June 2021) |
Net income | €333.9 million (30 June 2021) |
| AUM | €368.3 billion (30 June 2021) |
Number of employees | 4,711 (30 June 2021) |
| Parent | Deutscher Sparkassen- und Giroverband |
| Website | www.deka.de |
DekaBank is the central asset manager of the Sparkassen-Finanzgruppe, and one of the largest securities services providers in Germany. As a central provider, the bank bundles its competencies in asset management and financial services in its five business areas of asset management, real estate, services, capital markets and financing. Retail and institutional clients and investors can choose from a wide range of investment products and services. DekaBank cooperates closely with local savings banks and Landesbanks. Additionally, it is represented internationally with branches, subsidiaries and representative offices in eleven countries.
DekaBank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.