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Dresdner Bank - Commerzbank International SA

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<strong>Dresdner</strong> <strong>Bank</strong> Luxembourg S.A. Annual Report 2008<br />

22<br />

are advisory services and management of the most varied risks, with simultaneous minimisation of the<br />

time and costs of our contact partners. Requested is our contribution toward consolidating and growing<br />

large client asset portfolios.<br />

Because the requirements of our clients and the resulting solutions are extremely diverse and vary from<br />

case to case, we forced in 2008 besides the successful maintenance and consolidation of existing and<br />

new business relationships the identification of internal and external partners. At the same time new<br />

international clients were acquired and client relation managers were supported in the optimisation of<br />

their existing and new clients business.<br />

The Family Office Europe offers banks and other financial consultants that do not have the expertise the<br />

opportunity of cooperating with us and offers their wealthy clients the option of accessing a broadly<br />

diversified network of experts via our platform. So the basis for new international business relationships<br />

has been expanded. In order to be present worldwide, a website has been created initially in English and<br />

German. At the same time we set up a ’service menu’ and a pitchbook for our clients, also in both English<br />

and German. Additional languages (French, Russian, Italian etc.) are under way.<br />

Benelux: Recommendations support business expansion – Expansion in the<br />

Netherlands: acquisition of two asset management companies. Subsidiary in Belgium:<br />

now well established after acquisition in 2007<br />

As in previous years, the relationship managers at the Benelux Desk were successfully able to acquire new<br />

assets and consolidate existing business relationships in the financial year. Some clients have been served<br />

and supported for several generations. Against the background of unfavourable market conditions, it is<br />

above all the recommendations of satisfied clients that have enabled us to establish new client relation-

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