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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 />

78<br />

1945<br />

After the end of the war, the occupying powers order the closure and<br />

expropriation of branches in the Soviet occupation zone, Berlin and east of the<br />

Oder-Neiße-border.<br />

1947/48<br />

The Western allies split the large German banks into regional sub-institutions. <strong>Dresdner</strong> <strong>Bank</strong> becomes eleven sub-banks<br />

without a clear legal status.<br />

Share from 1957<br />

1970<br />

Europe’s banks increase their<br />

cooperation. <strong>Dresdner</strong> <strong>Bank</strong><br />

belongs to the Associated <strong>Bank</strong>s<br />

of Europe Corporations S.A.,<br />

Brussels.<br />

1952<br />

The “Law on the Branch Sector of Credit Institutions”<br />

allows the merger of the sub-banks into three<br />

successors: Hamburger Kreditbank AG in Hamburg,<br />

Rhein-Ruhr-<strong>Bank</strong> in Düsseldorf and Rhein-Main-<br />

<strong>Bank</strong> AG in Frankfurt am Main.<br />

1972<br />

100-year anniversary of <strong>Dresdner</strong> <strong>Bank</strong>. On the occasion of<br />

the anniversary, the bank’s corporate design is modernised<br />

and a new corporate logo is introduced.<br />

The Silver Tower<br />

at Jürgen-Ponto-Platz, 1980<br />

1995<br />

<strong>Dresdner</strong> <strong>Bank</strong> acquires the London-based<br />

investment bank, Kleinwort Benson. In<br />

2000, the US investment house Wasserstein<br />

Perella Group Inc. follows.<br />

2000<br />

At the beginning of March, merger plans between <strong>Dresdner</strong> <strong>Bank</strong><br />

and Deutsche <strong>Bank</strong> becomes known, which fail, however, in April.<br />

2001<br />

On July 23, Allianz takes over <strong>Dresdner</strong> <strong>Bank</strong>,<br />

which has been<br />

a subsidiary of Allianz<br />

since then.<br />

1957<br />

The successor institutions of<br />

<strong>Commerzbank</strong> are reunified into<br />

<strong>Dresdner</strong> <strong>Bank</strong> AG, with its<br />

headquarters in Frankfurt am Main.<br />

1971<br />

Reform of the bank’s organisational structure:<br />

The head offices in Hamburg, Düsseldorf and<br />

Frankfurt are dissolved and their functions<br />

centralised in Frankfurt. The branch network is<br />

also reorganised.<br />

1990<br />

As first Western credit institution,<br />

the bank opens in Dresden its own<br />

office in East Germany on 2 January.<br />

2003<br />

The bank develops its future programme<br />

“New <strong>Dresdner</strong>” to promote the<br />

modernisation of the business and reorganise<br />

itself at the same time.<br />

Money box<br />

“Drumbo”, 1972<br />

2006<br />

The investment banking<br />

division changes its name<br />

to <strong>Dresdner</strong> Kleinwort.

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