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Bankers Trust's Overview

Total employees646
HeadquartersNew York
Founded1917

Bankers Trust was a prominent American banking organization founded in 1903 by Henry P. Davison with a group of New York bankers. It initially focused on providing trust services to customers of other banks. Over the decades, it expanded significantly, becoming a major player in commercial banking, investment banking, and asset management. Known for its innovation, particularly in derivatives trading during the 1980s and 1990s, Bankers Trust had a significant global presence. However, after facing financial difficulties and controversies in the late 1990s, it was acquired by Deutsche Bank in November 1998 for approximately $10.1 billion, with the deal finalizing in June 1999. The acquisition effectively ended Bankers Trust's independent operations, and its assets and operations were integrated into Deutsche Bank.

Where is Bankers Trust's Headquarters?

HQ Function

Served as the primary global command center for the bank's extensive operations, including executive management, strategic planning, and core financial services divisions.

Notable Features:

The 14 Wall Street building is renowned for its distinctive stepped pyramid roof, which was an early and influential skyscraper design. It was one of the tallest buildings in the world upon completion in 1912.

Work Culture:

Historically, Bankers Trust was known for an aggressive and innovative, yet sometimes controversial, corporate culture, particularly in its trading and investment banking arms. It attracted highly ambitious individuals.

HQ Significance:

The headquarters symbolized Bankers Trust's stature as a major financial institution in the U.S. and globally, particularly its Wall Street location signifying its deep involvement in American finance.

Values Reflected in HQ: The grandeur and location of its historical headquarters reflected ambition, financial strength, and a central role in the American capitalist system.

Location:

Prior to its acquisition by Deutsche Bank in 1999, Bankers Trust maintained a significant global presence, with offices and operations in major financial centers across North America, Europe, Asia, Latin America, and Australia. Its functions supported globally included corporate finance, trading in equities, fixed income, currencies, and commodities (FICC), derivatives, asset management, trust and custody services, and private banking.

Street Address:

14 Wall Street (Historically; other locations like 280 Park Avenue were also used later)

City:

New York

State/Province:

NY

Country:

USA

Bankers Trust's Global Presence

London, United Kingdom

Address: Specific historical addresses varied; typically in the City of London financial district.

Facilitated access to European capital markets, managed relationships with European corporations and institutions, and conducted foreign exchange and derivatives trading.

Tokyo, Japan

Address: Specific historical addresses varied; typically in major financial districts like Marunouchi or Otemachi.

Provided access to Japanese financial markets, supported multinational clients operating in Asia, and engaged in regional investment activities.

Frankfurt, Germany

Address: Specific historical addresses varied; typically in the Bankenviertel (banking district).

Strengthened presence in the Eurozone (and pre-Euro European markets), facilitated trade finance, and supported investment banking activities within Germany and neighboring countries.

Buying Intent Signals for Bankers Trust

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Bankers Trust

As of April 2025, Bankers Trust' leadership includes:

Frank N. Newman - Chairman and Chief Executive Officer (at the time of acquisition)
Charles Sanford Jr. - Former Chairman and Chief Executive Officer (until 1996)
Timothy R. Hultquist - Head of Global Investment Banking (Pre-acquisition)
Richard H. Daniel - Chief Financial Officer (Pre-acquisition)

Investors of Bankers Trust

Bankers Trust has been backed by several prominent investors over the years, including:

As a publicly traded company (NYSE: BT) before its acquisition, Bankers Trust was owned by numerous public and institutional shareholders. Major institutional investors would have included large mutual funds, pension funds, and asset management firms of the era. Upon acquisition, Deutsche Bank became its sole owner before full integration.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Bankers Trust was acquired by Deutsche Bank in 1999 and ceased to operate as an independent entity. Therefore, there have been no executive hires or exits for Bankers Trust in the last 12 months.

Technology (Tech Stack) used by Bankers Trust

Discover the tools Bankers Trust uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Bankers Trust Email Formats and Examples

Bankers Trust was acquired by Deutsche Bank in 1999. Its original email domains (e.g., @bankerstrust.com or @btco.com) are no longer active or in use. Any attempt to use these formats would be unsuccessful.

N/A (Company defunct)

Format

N/A

Example

0%

Success rate

News and media

Deutsche Bank Press Release / Financial TimesJune 4, 1999

Bankers Trust acquisition by Deutsche Bank completed

Deutsche Bank announced the completion of its acquisition of Bankers Trust Corporation. This created one of the largest financial services companies in the world, combining Deutsche Bank's strength in commercial and retail banking with Bankers Trust's expertise in investment banking and asset management....more

The New York TimesNovember 30, 1998

Bankers Trust agrees to be acquired by Deutsche Bank for $9.7 Billion

Deutsche Bank AG agreed to acquire Bankers Trust New York Corporation for $9.7 billion in stock, a deal that would create the world's largest financial services company by assets. The acquisition aimed to bolster Deutsche Bank's presence in North America and its investment banking capabilities....more

Associated PressJanuary 20, 1995

Bankers Trust Derivatives Woes with Procter & Gamble

Procter & Gamble Co. sued Bankers Trust Co., accusing the bank of fraud in connection with complex derivative transactions that led to significant losses for P&G. This was one of several high-profile cases that damaged Bankers Trust's reputation in the mid-1990s....more

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