Commerzbank


Commerzbank headquarters

Commerzbank

Commerzbank AG is the second-largest bank in Germany founded in Hamburg in 1870 on the initiative of Theodor Wille, a merchant engaged in trade with South America. After World War II, the headquarters moved to Düsseldorf and in 1958 to Frankfurt am Main. In 2009, Dresdner Bank merged into Commerzbank and ceased to be an independent entity. The new Commerzbank has more than 1,200 domestic branches and serves over 15 million customers in 50 countries. Outside Germany, the bank is represented through 25 branches, 32 representative offices and 8 major subsidiaries. More than 90% of Commerzbank’s capital is spread over a broad investor base; some 75% is held by institutional investors.

Key Statistics:

Total assets	€754.3 billion (2010)
Operating income	€1.386 billion (2010)
Subsidiaries	Eurohypo, Dresdner Bank, Bank Forum
Company Size	59,200 employees (2010)

Headquarters address:
D - 60261 Frankfurt am Main
Germany
Phone: +49 - 69 - 136 20
Fax: +49 - 69 – 285389
Website: www.commerzbank.com

North America
New York Branch
Two World Financial Center
New York, NY 10281 - 1050
USA
Phone: 212 - 266 - 7200
Fax: 212 - 266 - 7235
Business Hours: M - Fr 8.30 am - 4.30 pm (EST)
Services: Wholesale banking for corporate and institutional customers and banks

The New York representative office was opened in 1967 and was converted into a branch in 1971, the first German bank branch in USA. The branches in New York, Atlanta, Chicago and Los Angeles focus on commercial banking while Commerzbank Capital Markets Corporation in New York has been responsible for investment banking in the United States for the last four decades.