Enterprise Risk Management at Commerzbank|Enterprise Risk Management|Case Study|Case Studies

Enterprise Risk Management at Commerzbank

Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

Case Details:

Case Code : ERMT-018
Case Length : 18 Pages
Period : 2003
Pub Date : 2003
Teaching Note :Not Available
Organization : Commerzbank
Industry : Banking
Countries : Germany

To download Enterprise Risk Management at Commerzbank case study (Case Code: ERMT-018) click on the button below, and select the case from the list of available cases:

Enterprise Risk Management | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies

For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Shipping & Handling Charges extra

Enterprise Risk Management Case Studies
Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Case Studies by Area
Case Studies by Industry
Case Studies by Company

Custom Search

Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

<< Previous

Background Note Contd...

After the First World War, hyperinflation in Germany led to a rash of mergers among crippled banks. Commerz absorbed regional players including Mitteldeutsche Private-Bank (1920) and Mitteldeutsche Credit bank (1929). In the late 1920s, the bank partnered with Chase National Bank to bring foreign money into Germany.

As the Depression swept Europe, the government bought a majority stake and merged it with Barmer Bank-Verein. Commerz became one of Germany's six Berliner Grossbanken. The name Commerzbank was coined after the government sold its stake in 1940. After the Second World War, the Allies overhauled Germany's banking system.

Enterprise Risk Management | Case Study in Management, Operations, Strategies, Enterprise Risk Management, Case Studies

Commerzbank was split into three regional banks in 1952. In the late 1950s, the rules barring large banks expired and the Commerz trio regrouped but without the company's prewar eastern German offices. After rebuilding its domestic operations in the early 1960s, Commerzbank expanded into Hong Kong, the UK, and the US, among other countries.

During the 1970s, it acquired stakes in a variety of nonbanking companies, spurred by a government fearful that Middle Eastern oil money would take control of the country's struggling industrial giants.

In the 1980s, over expansion, bad loans in Latin America, and a bloated staff took its toll. On the verge of failure, Commerzbank brought in banker Walter Seipp to lead a recovery. He cut costs and focused on profit and helped to get the bank back to shape by 1984. It then focused on creating an allfinanz group, lining up with such firms as insurance provider DBV Versicherungen and savings and loan company Leonberger Bausparkasse.

After the Berlin Wall fell in 1989, Commerzbank made forays into East Germany and other Eastern European countries. During the 1990s, the bank focused on asset and investment management.

It bought UK pension fund manager Jupiter Tyndall Group, Martingale Asset Management (US), Montgomery Asset Management (US), and other firms and opened investment management offices in Frankfurt, Hong Kong, London, New York, and Tokyo. It added money market funds when they were introduced in Germany in 1994...

Excerpts >>


Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.