Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following business segment: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth and Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); Non-Core Operations Unit (NCOU); Consolidation & Adjustments and Other. The GM segment offers financial products worldwide including trading and hedging services to institutions and corporate clients. The CIB segment refers to the corporate finance and global transaction banking businesses. The PW&CC segment offers private and commercial banking as well as in wealth management solutions, and financial services in both the Bank's home market in Germany and internationally. The Deutsche AM segment refers to the financial futures for all its clients: individual investors and the institutions that serve them. The Postbank segment offers postal and parcel services in its branches in cooperation with Deutsche Post DHL AG and focuses on business activities related to retail banking and corporate banking. The NCOU segment aims to reduce risks associated with capital-intensive assets that are not core to the strategy. The company was founded by Adelbert Delbrueck on March 10, 1870 and is headquartered in Frankfurt am Main, Germany.