HypoVereinsbank

Bayerische Hypo- und Vereinsbank AG
Enlarge picture
HVB corporate logo
Subsidiary of Unicredit
Founded
HeadquartersMunich, Germany
Key peopleWolfgang Sprißler
IndustryFinance and Insurance
Revenue bn (as of 2004)
Websitewww.hypovereinsbank.de/


Bayerische Hypo- und Vereinsbank Aktiengesellschaft (commonly referred to as HypoVereinsbank or HVB) is the second-largest private German financial institution and is the second-largest German retail bank, with a strong presence in Bavaria. The company is based in Munich, and together with Deutsche Bank, Dresdner Bank, Commerzbank and Deutsche Postbank, it belongs to the Cash Group. The spokesman for the executive board is Wolfgang Sprißler.

The other board members are: Willibald Cernko, Rolf Friedhofen, Heinz Laber, Ronald Seilheimer, Stefan Schmittmann, Matthias Sohler, Andrea Umberto Varese, and Andreas Wölfer.

On 24 November 2005, its takeover by UniCredit Group SpA was completed, after an offer of five new UniCredit shares for one Hypo- und Vereinsbank share was accepted by shareholders representing 93.93% of the company.

The banking group employs approximately 25,000 employees and operates approximately 750 subbranches and has more than 8.5 million clients. The bank's business focuses on Germany.

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A subsidiary, in business, is an entity that is controlled by another entity. The controlled entity is called a company, corporation, or limited liability company, and the controlling entity is called its parent (or the parent company).
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UniCredit S.p.A.

Public
Founded 1473 (as Rolo Banca)
Headquarters Milan, Italy

Key people Dieter Rampl, Chairman
Alessandro Profumo, CEO
Industry Finance and Insurance
Products Financial Services
Operating income €23.
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München
Munich

Frauenkirche and Town Hall steeple
Coat of arms Location

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Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
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Financial services is a term used to refer to the services provided by the finance industry.
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Revenue is a business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
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Euro
Ευρώ (Greek)
Евро[1]

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Limited company
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Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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In financial economics, a financial institution acts as an agent that provides financial services for its clients. Financial institutions generally fall under financial regulation from a government authority.
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Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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Freistaat Bayern
Free State of Bavaria

Flag Coat of arms

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München
Munich

Frauenkirche and Town Hall steeple
Coat of arms Location

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Deutsche Bank AG

Public (NYSE:  DB )
Founded 1870
Headquarters Frankfurt am Main, Germany

Key people Dr. Josef Ackermann, Chief Executive Officer and Chairman of the Management Board
Dr.
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Dresdner Bank AG is one of Germany's largest banking corporations and is based in Frankfurt.

History

19th century

Dresdner Bank was established on 12 November 1872 through the conversion of financial institution Michael Kaskel.
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Commerzbank AG

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)
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Postbank AG (ISIN: DE0008001009 ) is a leading German retail bank with headquarters in Bonn.

History

The Postscheckdienst was introduced 1909 by the German Reich. This established accounts for payment transactions by mail.
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UniCredit S.p.A.

Public
Founded 1473 (as Rolo Banca)
Headquarters Milan, Italy

Key people Dieter Rampl, Chairman
Alessandro Profumo, CEO
Industry Finance and Insurance
Products Financial Services
Operating income €23.
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Anthem
"Das Lied der Deutschen" (third stanza)
also called "Einigkeit und Recht und Freiheit"
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