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Commerzbank
From Wikipedia, the free encyclopedia
| Commerzbank AG | |
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| Type | Public |
| Founded | 26 February 1870 |
| Headquarters |  Frankfurt am Main, Germany |
| Key people | Klaus-Peter Müller |
| Industry | Finance and Insurance |
| Products | Commercial banking, Investment banking |
| Employees | 33,000 (7,500 of these outside Germany) |
| Website | www.commerzbank.com |
Commerzbank AG (ISIN: DE0008032004, DAX: CBK) is the second-largest bank in Germany (after Deutsche Bank) and headquartered in Frankfurt am Main.
Commerzbank is mainly active in commercial banking, retail banking and mortgaging. It suffered reversals in investment banking and shuttered its Commerzbank Securities investment banking unit.
Commerzbank holds a nationwide network of branch offices throughout Germany and numerous branch offices all over the EU and Europe (namely Luxembourg, Poland, Spain and Switzerland) and with a leading market share in online banking. EuroHypo is an integral part of Commerzbank.
The bank further holds representations and holdings in major commercial and financial centers in Asia and the Americas.
Commerzbank was founded in 1870 by individual and merchant bankers in Hamburg. After merging with Berliner Bank, it moved its headquarters to Berlin in 1905. After World War II, the headquarters first moved to Düsseldorf and, in 1958, to Germany's financial centre, Frankfurt.
The Commerzbank Tower (designed by British architect Norman Foster) was Europe's first ecological skyscraper and also, from its completion in 1997 until 2004, Europe's tallest skyscraper at a height of 301 meters.
Commerzbank was the first German bank to establish a branch in New York City in 1971. The building also appears in the European tileset for the game SimCity 4.
- Commerzbank home page
- Comdirekt online banking (German only)
- Eurohypo home page
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DAX companies of Germany |
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Adidas · Allianz · BASF · Bayer · BMW · Commerzbank · Continental · Daimler AG · Deutsche Bank · Deutsche Börse · Deutsche Post · Deutsche Postbank · Deutsche Telekom · E.ON · Fresenius Medical Care · Henkel · Hypo Real Estate · Infineon Technologies · Linde (The Linde Group) · Lufthansa · MAN · Merck · METRO · Munich Re · RWE · SAP · Siemens · ThyssenKrupp · TUI · Volkswagen |