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Allianz will hang on to Dresdner Kleinwort

Article Abstract:

Allianz AG has terminated its planned floatation of Dresdner Bank's securities unit. Allianz will instead merge Dresdner Kleinwort Wasserstein with its Dresdner's corporate lending unit.

Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS, Management, Insurance industry, Securities industry, Dresdner Bank AG (Frankfurt, Germany)

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Deutsche Bank is in discussions to take stake in Russian bank

Article Abstract:

United Financial Group is engaged in talks to sell a major share of itself to Deutsche Bank AG. United Financial is a major investment bank in Russia.

Russia, Deutsche Bank AG, DTBKY, United Financial Group (Moscow, Russia)

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Allianz still searches for Dresdner answer

Article Abstract:

Allianz AG has been able to partially stop the decline at its Dresdner Kleinwort Wasserstein unit. However, Allianz has still not yet decided what it will do with the investment banking unit.

Parent-to-subsidiary activities, Subsidiary-to-parent activities, Subsidiaries, divisions and units

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