DZ BANK and WGZ BANK pool their private banking operations

In 2011 DZ BANK and WGZ BANK are to pool their entire private banking businesses as well as supplementary business segments such as Fund Services and Foreign Currency Lending in a new business unit.

DZ BANK Group: Successful H1 2010

Profit before tax reaches EUR 616 million / Further successes at the operating level in the Customer and Product divisions / Private Banking unit launched / Profit before tax of more than EUR 1 billion targeted

DZ BANK and WGZ BANK to provide joint advisory services for the SME segment

As of September VR Unternehmerberatung goes to market out of Düsseldorf and Frankfurt / Offering for around 30,000 medium-sized enterprises / Focus on the SME segment

DZ BANK's capital resources also adequate in stress conditions

DZ BANK took part successfully in the EU-wide bank stress test 2010. The result achieved assuming a stress scenario (including sovereign shock) showed a Tier-1 capital ratio of 8.7 percent as of the end of 2011.


Klaus Holschuh ends his career, Stefan Bielmeier becomes new Head of Research and Economics

After almost 11 years, Klaus Holschuh is ending his career at DZ BANK and will retire on 30 June 2010. His successor will be Stefan Bielmeier (43). He will take over the management of Research and Economics.

DZ BANK Group’s preliminary figures for 2009: back to profitability

Good operating performance within the DZ BANK Group and at DZ BANK AG / Successful cooperation with the cooperative banks / Tier-1 ratio reaches 9.9 percent / Partial reduction of BVR guarantee