DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main · Frankfurt am Main Germany
Company Description
View DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main Locations On A US Map
This link will open in a new window
This link will open in a new window DZ BANK is the central institution for around 1,200 local cooperative banks in Germany, providing administrative services for the banks which also own DZ BANK. Through a number of subsidiaries, the company provides investment and corporate banking, retail banking, asset management, real estate financing, and life insurance. It provides structured finance services for a variety of clients including corporations, banks, and foreign governments. In collaboration with the local cooperative banks, the company provides lending to small and midsized businesses. DZ BANK has international offices, subsidiaries, and partners in the Americas, Asia, and other countries in Europe. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main Reports
No subscription, no problem.
Download presentation-ready reports for this company now.
Download presentation-ready reports for this company now.
From company profiles to the competitive landscape, Hoover’s offers immediate access to individual reports.
Key DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main Financials
| Company Type | Private - Cooperative Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $34,907.7 |
| 2008 Employees | 24,642 |
DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main Executives
25 executives listed for DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main's Frankfurt am Main Germany location.
| Title | Name & Bio | Contact |
| Chairman of the Supervisory Board | Rolf Hildner | |
| Deputy Chairman of the Supervisory Board | Wolfgang Apitzsch | |
| Deputy Chairman of the Supervisory Board | Helmut Gottschalk |
Competition
Competitive Landscape for DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.Top DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!