Dresdner Bank

Dresdner Bank AG Guangzhou Representative Office
Add:Suite 905,Dabao Plaza, No 109-9, Liuhua Road, Guangzhou广州市流花路109.9号达宝广场905室
Zip: 510010
Phone：+86 20 8669 5920
Fax：+86 20 8669 5930
Website： www.dresdnerkleinwort.com


Dresdner Bank AG is one of Germany's largest banking corporations and is based in Frankfurt

After the banking crisis in 1931 the German Reich owned 66% and Deutsche Golddiskontbank owned 22% of Dresdner Bank shares. Its deputy director was Dr Schacht, Minister of Economy under Nazism. The Bank was reprivatised in 1937. As a result of World War II 80% of the Bank building were destroyed; therefore, the Bank lost 162 offices in 56 locations. As a result of the monetary reform and the introduction of the Deutsche Mark in 1948 the banking business normalize.

Dresdner Bank expanded its network with acquisition and opening new offices not only in Europe but also in the United States, Singapore, Canada, Australia, Japan, Hong Kong, and China. Dresdner Bank was the first to open its own office in former eastern Germany in Dresden in 2 January 1990. After the acquisition of Kleinwort Benson in 1995 to form its investment-banking arm Dresdner Kleinwort, Dresdner Bank takes over the American investment bank Wasserstein Perella Group Inc., New York in 2000. This arm was renamed Dresdner Kleinwort in September of 2006, dropping the Wasserstein name.

Since 2002, Dresdner Bank has been a wholly-owned subsidiary of the insurance corporation Allianz. Dresdner Kleinwort, the Investment Bank arm of Dresdner recently, in July of 2006 dropped Wasserstein from their name and went through a re-organization of corporate bank, capital markets and investment bank. The arm made up of Capital Markets and Investment Banking.

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Editor: Jessie Hwang