HypoVereinsbank

HypoVereinsbank (HVB), legally registered since late 2008 as UniCredit Bank GmbH, is a significant bank in Germany headquartered in Munich. It has been part of the Milan-based UniCredit group since 2005, and fully owned by it since 2008. As a consequence, HVB is operating exclusively in Germany, where it mainly focuses on private clients business and corporate banking, customer-related capital market activities and wealth management.

UniCredit Bank GmbH
Trade name
HypoVereinsbank
Company typeSubsidiary (GmbH)
IndustryFinancial services
Founded1780 (Bayerische Staatsbank)
1835 (Hypo-Bank)
1998 (HypoVereinsbank)
HeadquartersMunich, Germany
Total assets318 Bn. Euro (2022)
Total equity19,0 Bn. Euro (Common Equity Tier 1) (2014)
Number of employees
12,194 HVB Group (31 December 2019)
Websitehypovereinsbank.de

HypoVereinsbank's predecessor entities include financial institutions that played major roles in the financial history of Bavaria, including the Bavarian State Bank (1780-1971), Bayerische Hypotheken- und Wechsel-Bank (1835-1998), Bayerische Vereinsbank (1869-1998), and Bayerische Notenbank (1875-1934).

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.