Commerzbank Articles about
Commerzbank
 

Information About

Commerzbank





| Information

  Company Name Commerzbank AG
  Company Logo
  Company Type Public
  Company Slogan
  Foundation 26 February 1870
  Location Frankfurt Am Main , Germany
  Key People Klaus-Peter Müller
  Num Employees 33,000 (7,500 of these outside Germany)
  Balance € 420 Billion
  Industry Finance And Insurance
  Products Commercial Bank ing, Investment Bank ing


'''Commerzbank 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 .


HISTORY

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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.


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