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12 November 1872
- The Dresdner Bank was established on 12 November 1872 through the conversion of Bankhaus Kaskel [ de], a Dresden-based private bank founded in 1771, on the advice of banker Eugen Gutmann.
en.wikipedia.org/wiki/Dresdner_Bank
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Dresdner Bank AG was a German bank, founded in 1872 in Dresden, then headquartered in Berlin from 1884 to 1945 and in Frankfurt from 1963 onwards after a postwar hiatus. Long Germany's second-largest bank behind Deutsche Bank, it was eventually acquired by Commerzbank in May 2009.
Key Dates: 1872: Dresden Bankhaus is founded. 1884: Dresdner Bank moves its headquarters to Berlin. 1903: Dresdner forms a community of interest with Schaffhausenschor Bankverein. 1957: Dresdner's three postwar units are allowed to reconsolidate as Dresdner Bank A.G., with its new headquarters in Frankfurt.
Jul 1, 2024 · It was established in 1872 in Dresden as Dresdner Bank, and in 1884 its main office was relocated to Berlin. In 1952 the bank was split into three: Rhein-Main Bank AG, Hamburger Kreditbank AG, and Rhein-Ruhr Bank AG. The three were reunited as the present Dresdner Bank in 1957.
After Germany’s banking crisis in the 1930s, Dresdner was largely nationalised, before being reprivatized in 1937. However, at the height of the Second World War, Dresdner was known as the bank of choice for the SS, while it also aided in confiscating Jewish people’s property and wealth.
History. Dresdner Bank was established in 1872. It moved its headquarters to Berlin in 1884, although its registered office stayed in Dresden until 1950. By 1900, Dresdner Bank had the largest German branch network.
Dresdner responded quickly to the tumult in Eastern Europe in 1989, rushing to open an office in Warsaw as well as in several East German cities, including Dresden, the city where the bank was founded in 1872.
Feb 18, 2006 · Dresdner Bank -- founded in 1872 on the initiative of a Jewish entrepreneur -- is no exception. Placing capitalist logic before morality, the bank systematically took part in the Third Reich's...
