Commerzbank

From Open Encyclopedia

**Commerzbank AG**
Image:Commerzbank logo.gif
Type	Public
Founded	26 February 1870
Location	Frankfurt am Main, Germany
Key people	Klaus-Peter Müller
Industry	Finance and Insurance
Products	Commercial banking, Investment banking
Revenue	{{{revenue}}}
Operating Income	{{{operating_income}}}
Net Income	{{{net_income}}}
Employees	33,000 (7,500 of these outside Germany)
Website	www.commerzbank.com
{{{footnotes}}}

Commerzbank AG (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, investment banking and mortgaging.

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.

Image:Commerzbank-Headquarter.JPG

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History

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 headquarter first moved to Düsseldorf and later to Germany's financial center Frankfurt in 1958.

The Commerzbank Tower (designed by British architect Norman Foster) was Europe's first ecological skyscraper and from its completion in 1997 till 2004 also Europe's tallest skyscraper at a height of 301 meters.

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External links

DAX companies of Germany
adidas-Salomon \| Allianz \| Altana \| BASF \| Bayer \| BMW \| Commerzbank \| Continental \| DaimlerChrysler \| Deutsche Bank \| Deutsche Börse \| Deutsche Post \| Deutsche Telekom \| E.ON \| Fresenius \| Henkel \| HypoVereinsbank \| Infineon Technologies \| Linde \| Lufthansa \| MAN \| METRO \| Munich Re \| RWE \| SAP \| Schering \| Siemens \| ThyssenKrupp \| TUI \| Volkswagen