comdirect bank AG Company Profile - Aug 16, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   comdirect bank AG
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Euro

                                 Wright Quality Rating:CBD6                                Key Data

   comdirect bank AG is a Germany-based online bank. The Company serves private            Ticker:
   customers as well as institutional partners. It divides its operation into two main     COM
   segments: comdirect online and comdirect offline. comdirect online's services in the
   fields of brokerage and banking, while comdirect offline segment comprises the          2010 Sales:
   advice field of competence. Brokerage offers products for self-managed
                                                                                           512,243,000
   investments; together with a range of securities and funds, it provides information
   and tools necessary to make investment decisions, such as stock market ticker used
   for trading. Banking comprises various services required for handling day-to-day        Major Industry:
   financial transactions. Advice offers consulting services in such areas as asset        Financial
   accumulation, pensions, insurance cover and financing. The Company also operates
   as a technology partner for asset managers and institutional clients, offering an       Sub Industry:
   Internet platform to manage their own client portfolios. comdirect bank AG is           Commercial Banks
   majority-owned by Commerzbank AG.
                       Stock Chart                                  Officers               Country:
                                                                    Chairman               Germany
                                                                   Martin Zielke
                                                                                           Currency:
                                                         Vice Chairman, Supervisory
                                                                                           Euro
                                                                    Board
                                                               Dr. Achim Kassow
                                                                                           Fiscal Year Ends:
                                                              Chief Executive Officer      December
                                                               Dr. Thorsten Reitmeyer
                                                                                           Employees
                                                              Chief Operating Officer      1,003
                                                                  Carsten Strauss
                                                                                           Exchanges:
                                                              Chief Financial Officer      DUS FRA OTH
                                                              Dr. Christian Diekmann
                                                                                    
								
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