Commerzbank Company History Timeline

1870
The bank was established in 1870 as the Commerz- und Disconto-Bank in Hamburg.
1889
Despite its specialization in foreign trade, Commerzbank's name also is notably absent from the list of major participants in the Deutsche-Asiatische Bank, which was founded in Shanghai in 1889 and firmly established German financial presence in the Far East.
1892
Commerzbank took a step up in 1892, when it opened a branch office in Berlin.
1897
In Germany, Commerzbank was initially active in Hamburg until 1897 branches were built in Berlin and Frankfurt am Main.
1904
All of Germany's major banks were based there, and Commerzbank completed its bid to join their ranks in 1904 when it acquired Berliner Bank.
1918
Bank Mergers Between the Wars 1918-45.
1920
Weimar Republic edit In 1920, Commerzbank AG merged with Mitteldeutsche Privatbank AG in Magdeburg to form Commerz- und Privat-Bank AG, thereby gaining a dense branch network in the provinces of Saxony and Thuringia.
1927
In 1927 Commerzbank took a large loan of 20 million dollars in ten-year gold notes at 5.5 at the American Chase National Bank.
1932
In the wake of the crisis in the banking sector, the government ordered the merger in early 1932 of Commerzbank with the Barmer Bank-Verein Hinsberg, Fischer Co. in D sseldorf.
1940
In 1940, the name Commerzbank Aktiengesellschaft, by which the bank was generally known, was officially adopted.With the division of Europe after the war, Commerzbank lost some 45 of its premises.
1958
Allied Occupation edit With the division of Europe after World War II, three regional banks were united in 1958 to form Commerzbank AG, which had its headquarters in D sseldorf.
1962
The survival of Germany's universal banking system also helped as one German bank official told Time in 1962, an American equivalent of a Big Three bank would be like a combination of Chase Manhattan, First Boston and Merrill Lynch.
1967
In 1967 it joined with Irving Trust Company, First National Bank of Chicago, Westminster Bank, and Hongkong Shanghai Banking Corporation to form the International Commercial Bank in London.
1991
Norman Foster Hong Kong office and the Commerzbank Tower 1991 97 in Frankfurt am Main, Germany, utilized green spaces, or mini-atria, that were designed to allow a maximum amount of natural light into the offices.
1995
To this end, in 1995 Commerzbank acquired a 75 percent stake in Jupiter Tyndall, a British fund management firm.
2000
In 2000 they began pushing for Commerzbank to enter into merger talks with another European Bank, preferably one outside of Germany.
Founded
1870
Company Founded
Founders
Theodor Wille
Company Founders

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