Bankers Trust Purchased by Deutsche Bank

Deutsche Bank announced that it has taken over Bankers Trust. As of July 1999, Deutsche Bank had purchased around $9 billion of the company’s outstanding stock and essentially made the firm a subsidiary unto itself.

Deutsche Bank is entering the American market and is determined to continue the Bankers Trust tradition of excellent customer service coupled with an embrace of technology that is at the forefront of the industry.

Consumers who are looking into having their mortgage loan financed will be happy to know that doing so with Bankers Trust means they have the power of Deutsche Bank behind them as well. Deutsche Bank is one of the major players on the world banking scene. It is the largest bank in Germany and, with this new acquisition, now has more assets than any other financial institution in the world.

A mortgage financed by Bankers Trust not only means you have the power of a domestic bank with years of experience behind your loan, it also means your loan is backed by Deutsche Bank’s excellent reputation and worldwide expertise.

In a world filled with companies that seem to have sprung up overnight, it is comforting to know that you have chosen to do business with an institution that is in it for the long haul. Now that it has merged into Deutsche Bank, Bankers Trust has an even more solid reputation than it previously enjoyed.

Do not take a chance on being financed by a lending institute you know nothing about. Count on Bankers Trust to be there for you as you enter the home buying market. Remember, experience counts.