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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.
en.wikipedia.org/wiki/Dresdner_Bank
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Sep 1, 2008 · Allianz has agreed to sell Dresdner Bank to Commerzbank in a deal that will re-shape the German banking industry. Allianz’s supervisory board approved the sale of Dresdner after meeting on Sunday.
Sep 1, 2008 · Allianz, Europe’s biggest insurer, has agreed to sell Dresdner Bank to Commerzbank in a deal that will re-shape the German banking industry. Allianz’s supervisory board approved the sale of...
- Gwen Robinson
Dec 21, 2015 · Dresdner Kleinwort Wasserstein, which produced quarter after quarter of dire results, was Dresdner’s belated attempt to ape Deutsche Bank ’s investment banking ambitions. Deutsche was...
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.
In 2001 Dresdner was acquired by Allianz AG, a global insurance provider that saw the takeover as a way of bolstering its financial management arm. Both Dresdner and Allianz have suffered since this merger because of problems with Dresdner's investment bank business, Dresdner Kleinwort Wasserstein. The Early Years.
Apr 14, 2009 · And then, after its acquisition by Dresdner Bank in 1995, it all went wrong. A permanent clash of cultures and almost wilful lack of mutual understanding triggered a gradual decline, marked by strategic drift, ill-conceived ambition and a lack of purpose.
In 1995, Kleinwort Benson was acquired by Dresdner Bank and, as Dresdner Kleinwort, became its investment banking arm. [20] It added global reach through the acquisition of the US investment bank Wasserstein Perella in 2001 (from Bruce Wasserstein). [21]
