Dresdner Bank - Commerzbank International SA

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Dresdner Bank Luxembourg S.A. Annual Report 2008 78 1945 After the end of the war, the occupying powers order the closure and expropriation of branches in the Soviet occupation zone, Berlin and east of the Oder-Neiße-border. 1947/48 The Western allies split the large German banks into regional sub-institutions. Dresdner Bank becomes eleven sub-banks without a clear legal status. Share from 1957 1970 Europe’s banks increase their cooperation. Dresdner Bank belongs to the Associated Banks of Europe Corporations S.A., Brussels. 1952 The “Law on the Branch Sector of Credit Institutions” allows the merger of the sub-banks into three successors: Hamburger Kreditbank AG in Hamburg, Rhein-Ruhr-Bank in Düsseldorf and Rhein-Main- Bank AG in Frankfurt am Main. 1972 100-year anniversary of Dresdner Bank. On the occasion of the anniversary, the bank’s corporate design is modernised and a new corporate logo is introduced. The Silver Tower at Jürgen-Ponto-Platz, 1980 1995 Dresdner Bank acquires the London-based investment bank, Kleinwort Benson. In 2000, the US investment house Wasserstein Perella Group Inc. follows. 2000 At the beginning of March, merger plans between Dresdner Bank and Deutsche Bank becomes known, which fail, however, in April. 2001 On July 23, Allianz takes over Dresdner Bank, which has been a subsidiary of Allianz since then. 1957 The successor institutions of Commerzbank are reunified into Dresdner Bank AG, with its headquarters in Frankfurt am Main. 1971 Reform of the bank’s organisational structure: The head offices in Hamburg, Düsseldorf and Frankfurt are dissolved and their functions centralised in Frankfurt. The branch network is also reorganised. 1990 As first Western credit institution, the bank opens in Dresden its own office in East Germany on 2 January. 2003 The bank develops its future programme “New Dresdner” to promote the modernisation of the business and reorganise itself at the same time. Money box “Drumbo”, 1972 2006 The investment banking division changes its name to Dresdner Kleinwort.
1940 Commerz- und Privat-Bank adopts the name Commerzbank- Aktiengesellschaft which is already in general usage. 1970 Commerzbank is part of the Europartners Group. Share from 1957 1945 The headquarters are relocated to Hamburg prior to the end of the war. The 93 offices in East Berlin and in the Soviet occupation zone are expropriated without compensation. 1952 As successor institutions of Commerzbank, Bankverein Westdeutschland AG (from 1956 Commerzbank-Bankverein AG) acts in Düsseldorf, Commerz- und Diskonto- Bank AG in Hamburg and Commerz- und Creditbank AG in Frankfurt am Main. 1972 Commerzbank introduces the “Quatre Vents” logo. Money box “Goldi”, 1974 Foreign Minister Hans-Dietrich Genscher opens the Halle branch in 1990 2000 Merger discussions between Dresdner Bank and Commerzbank stay without any results. 1990 Commerzbank relocates its registered headquarters from Düsseldorf to Frankfurt am Main. After the fall of the Berlin Wall, it opens a linking office in East Berlin. 1993 In a realignment of structures of the headquarters five divisions are created. 2005 Commerzbank takes over Eurohypo AG and becomes the second-largest credit institution in Germany. Excerpt from a share: The winged “C” was the logo of Commerzbank from 1940-1972 1947/48 Commerzbank is broken down into nine branch groups. 1958 Merger of the successor institutions into Commerzbank AG, while the Düsseldorf institution taking over its two sister banks. 1971 The centralisation of headquarters in Frankfurt am Main begins at Commerzbank as well. The New York branch is the first operating branch of a German bank to open in the United States. Skyscraper by Richard Heil in Frankfurt, 1974 1997 The new skyscraper in Frankfurt am Main is inaugurated. 2008 Commerzbank, Allianz and Dresdner Bank announce that Commerzbank will take over Allianz’s shares in Dresdner Bank in two stages. Advisory Bank with a Future 1940 1950 1960 1970 1980 1990 2000 2010 79 Special Section
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