Dresdner Bank - Commerzbank International SA
Dresdner Bank - Commerzbank International SA
Dresdner Bank - Commerzbank International SA
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Management Report for Financial Year 2008<br />
ships. There is still a great demand in neighbouring countries for information on the specific advantages<br />
of Luxembourg as a location.<br />
The merger of the two Belgian asset management companies taken over in 2007, Damien Courtens &<br />
Cie and Van Moer Santerre & Cie, and the associated integration of these companies into <strong>Dresdner</strong> <strong>Bank</strong><br />
Group went smoothly. Our Belgian subsidiary, now represented in Brussels, Namur, Antwerp and Liège<br />
under the name <strong>Dresdner</strong> Van Moer Courtens, has applied for a banking licence and plans to open additional<br />
locations of business.<br />
The expansion strategy of the international Private Wealth Management division of <strong>Dresdner</strong> <strong>Bank</strong> in the<br />
Benelux zone was successfully carried on. Via our subsidiary <strong>Dresdner</strong> VPV N.V. (Gouda/Netherlands), two<br />
asset management companies in the Netherlands were taken over in 2008 and branches were opened in<br />
three additional locations.<br />
French Desk: Enlargement of successes of previous year – expansion of partner base<br />
The promising successes of the French Desk from the previous year with regard to both ’assets under<br />
management’ and revenue were continued in 2008. The number of business partners was increased<br />
once again. In particular the group of independent asset managers and financial consultants welcomed<br />
co-operation with <strong>Dresdner</strong> <strong>Bank</strong> Luxembourg S.A. as a strong, international, well-networked business<br />
partner. The new Asset Manager Platform established at the end of the year 2008 was put into operation<br />
at an independent asset manager located in Luxembourg after successful testing. To deepen the partnerlike<br />
relationship between clients of the French Desk and the bank was the aim of selected client events<br />
with a business club atmosphere, for example in Reims and Burgundy. This framework provided many<br />
opportunities for the parties to get to know each other better.<br />
Family Office Europe<br />
Sustainable development for<br />
international assets. Stability, security<br />
and trust with cross-border,<br />
comprehensive management –<br />
for generations.<br />
23<br />
Management Report<br />
for Financial Year 2008
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