Deutsche Bank announces the retirement of Clive Smith, Chairman of Deutsche Bank Australia and New Zealand and the appointment of Deutsche Bank Japan CEO, John (JT) Macfarlane as successor.

Deutsche Bank prices a A$500 million 3 year floating rate note to support continued growth across its Australian operations in the Global Markets, Global Banking and Asset Management divisions.

Deutsche Bank places NZ$300 million in its first senior ranking medium term note offer in New Zealand. The NZ$300 million public issue for Deutsche Bank’s New Zealand operation was increased from $200 million due to the high level of demand from investors.

Deutsche Bank announced the expansion of its Private Wealth Management Division in Australia by taking on the former HSBC Asset Management Private Investment Group from Challenger Financial Services.

Deutsche Bank acquired a 19.9 per cent equity stake in Wilson HTM Investment Group, one of Australia’s leading investment advisory groups, and created a strategic alliance to create a new force in mid-market corporate finance and retail broking.

Deutsche Bank's Australasian headquarters relocate to the newly built Deutsche Bank Place, Corner Hunter and Phillip Streets, Sydney, which is the first Lord Norman Foster building in the Southern hemisphere.

Deutsche Bank forms an alliance with Plenary Group, the specialist public private partnership business.

Chum Darvall becomes CEO, Deutsche Bank, Australia and New Zealand. Chum had previously been Head of Global Markets, Australia and New Zealand.

Morgan Grenfell (Australia) changes its name to Deutsche Asset Management.

Principal approved the sale of the BT Investment Banking Business to Macquarie Bank.

Deutsche Bank announced the sale of Bankers Trust Australia (BTAL) to the Principal Financial Group including the BT Investment banking issues. Total proceeds from the sale exceeded A$3.3 billion comprising the sale price and final dividend for accumulated retained earnings.

Change of control date with Bankers Trust globally. Deutsche Bank retains the Bankers Trust New Zealand Investment Bank Operations and the Global Custody Business in Australia.

Deutsche Bank was named 'Best Foreign Bank' in the 1999 Australian Banking & Finance Awards.

Deutsche Bank announced that it will acquire all outstanding shares of the common stock of Bankers Trust - closure expected in mid 1999.

Name change of Axiom Funds Management Ltd to Morgan Grenfell (Australia) Limited.

Name change of Deutsche Bank/Deutsche Morgan Grenfell to Deutsche Bank (Australia).

Deutsche Bank Group exercised the option to acquire the remaining 49% equity interest in Deutsche Morgan Grenfell Australia (formerly Bain & Company).

Deutsche Morgan Grenfell acquires EL & C Baillieu, Melbourne.

Deutsche Morgan Grenfell acquires Axiom Funds Management.

Name change of Bain & Company to Deutsche Morgan Grenfell.

Deutsche Bank Group was granted a banking licence in New Zealand.

Amalgamation of the Deutsche Bank Group's global investment banking activities under the name Deutsche Morgan Grenfell.

Deutsche Bank AG was granted authority to establish a foreign bank branch operation in Australia (Sydney & Melbourne) and the previous banking subsidiary exists carrying on banking business from this date. Bain & Company continues to operate the investment banking activities in Australia.

Deutsche Bank Group increased its voting interests in Bain & Company from 51% to 100%.

Deutsche Bank acquired 50% of Bain & Company, increasing its interests to 51% in 1991.

A wholly owned subsidiary of Deutsche Bank was granted an unrestricted banking licence, transacting both commercial and investment banking business from offices in Melbourne and Sydney.

Deutsche Bank is represented in Australia.

Establishment of Bain & Company.