Dresdner Bank Company Description
For Dresdner Bank, presence is everything. The financial services firm has more than 1,000 branches throughout its home country, in addition to some 60 offices in Europe, Asia, and the US. The company's operating divisions are Private & Corporate Clients (personal, private, business, and corporate banking; private wealth management) and Investment Banking (capital markets and global banking), which includes subsidiary Dresdner Kleinwort. In 2009 fellow German bank Commerzbank bought Dresdner Bank from insurance giant Allianz for approximately $14.5 billion.
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The Company Description provides a historical perspective of Dresdner Bank's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Dresdner Bank's evolution in the marketplace.