Twists and turns in Deutsche Bank's modern history [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
Here's a timeline of the bank's modern history: Deutsche Bank expands into investment banking, buys a controlling stake in British merchant bank Morgan Grenfell. Sewing joined the bank the same year. Deutsche Bank moves most of its investment banking activities to London from Frankfurt, and lures American Edson Mitchell from Merrill Lynch with a multimillion-pound salary. Deutsche Bank starts merger talks with rival Dresdner Bank. Deutsche Bank buys Bankers Trust Corp. for $10 billion, giving investment bankers critical mass to influence the German lender's strategy. Deutsche Bank agrees to a "merger of equals" with rival Dresdner Bank. In April, the Dresdner-Deutsche Bank deal is called off after investment bankers at Dresdner Kleinwort
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