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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.
In 1884 Dresdner Bank moved its headquarters from Dresden to Berlin and then spent the rest of the decade expanding even more vigorously. Seeing the potential for growth in foreign markets, Dresdner began opening interests in Asia and Italy.
Sep 16, 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.
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. During the First World War, the London branch was forced to close; however, the overall branch network expanded.
Jan 8, 2009 · Berlin has been determined to create a second large German bank and, having tacitly approved of Commerzbank’s plan to buy Dresdner when it was announced, it did not want to let the deal...
Mar 4, 2019 · Deutsche and Commerzbank: why Berlin is backing a merger. Rumoured for a decade, the move to combine Germany’s two largest banks now has political backing. Stephen Morris and David Crow in ...
Sep 1, 2008 · Commerzbank's 9 billion takeover of Dresdner Bank, agreed by their supervisory boards on Sunday, will create a second major national banking champion alongside Deutsche Bank. It's a move that...
