Allianz Tower, Istanbul
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. The company is a component of the Euro Stoxx 50 stock market index. Its asset management division, which consists of PIMCO, Allianz Global Investors and Allianz Real Estate, has €2,432 billion of assets under management (AuM), of which €1,775 billion are third-party assets (Q1 2021). Allianz sold Dresdner Bank to Commerzbank in November 2008. History Foundation ''Allianz AG'' was founded in Berlin on 5 February 1890 by then-director of the ''Munich Reinsurance Company'' Carl von Thieme (a native of Erfurt, whose father was the director of the insurance company ''Thuringia'') and Wilhelm von Finck (co-owner of the ''Merck Finck & Co. Bank''). The joint company was listed in Berlin's trade register under the name ''Allianz ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wilhelm Von Finck
Wilhelm von Finck (born 6 February 1848 - 4 April 1924) was a German entrepreneur and banker. Finck was a co-founder of the German companies Allianz and Munich Re. Life In Frankfurt am Main, he was a student at the Hasselsche Institut. He worked first for German company Bankhaus Philipp Nicolaus Schmidt. Since 1869 he worked for Nestle, Andreae & Co. in London and since 1870 for Merck Finck & Co. in Darmstadt. By 1879, together with his brother August Finck, who replaced the departing general Adolf Karl Ludwig Christian, the previous authorized representative Wilhelm von Finck already held a large part of the bank assets of Merck Finck & Co. Together with German entrepreneur Theodor von Cramer-Klett and Carl von Thieme he founded company Munich Re in April 1880. German company Allianz AG was founded in Berlin on 5 February 1890 by then director of the Munich Reinsurance Company (Munich Re) Carl von Thieme (a native of Erfurt, whose father was the director of Thuringia) and Wi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Erfurt
Erfurt () is the capital and largest city in the Central German state of Thuringia. It is located in the wide valley of the Gera river (progression: ), in the southern part of the Thuringian Basin, north of the Thuringian Forest. It sits in the middle of an almost straight line of cities consisting of the six largest Thuringian cities forming the central metropolitan corridor of the state, the "Thuringian City Chain" ('' Thüringer Städtekette'') with more than 500,000 inhabitants, stretching from Eisenach in the west, via Gotha, Erfurt, Weimar and Jena, to Gera in the east. Erfurt and the city of Göttingen in southern Lower Saxony are the two cities with more than 100,000 inhabitants closest to the geographic center of Germany. Erfurt is located south-west of Leipzig, north-east of Frankfurt, south-west of Berlin and north of Munich. Erfurt's old town is one of the best preserved medieval city centres in Germany. Tourist attractions include the Merchants' Bridge (''K ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Berlin
Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constituent states, Berlin is surrounded by the State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions. Berlin straddles the banks of the Spree, which flows into the Havel (a tributary of the Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs formed by the Spree, Havel and Dahme, the largest of which is Lake Müggelsee. Due to its l ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Commerzbank
Commerzbank AG () is a major German bank operating as a universal bank, headquartered in Frankfurt am Main. In the 2019 financial year, the bank was the second largest in Germany by the total value of its balance sheet. Founded in 1870 in Hamburg, the bank is today present in more than 50 countries around the world and provides almost a third of Germany's trade finance. In 2017, it handled 13 million customers in Germany and 5 million customers in Central and Eastern Europe. Commerzbank is a member of the Cash Group. 15% of the shares are owned by the Federal Republic of Germany and 85% are in free float. History Empire On 26 February 1870, mainly Hanseatic merchants, merchant bankers and private bankers founded the Commerz- and Disconto-Bank in Hamburg. Shipowner C. Woermann was the first chairman of the supervisory board of Commerz- und Disconto-Bank from 1870. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dresdner Bank
Dresdner Bank AG was a German bank and was based in Frankfurt. It was one of Germany's largest banking corporations and was acquired by competitor Commerzbank in May 2009. History 19th century The Dresdner Bank was established on 12 November 1872 through the conversion of the private banks Michael Kaskel and Bernhard Gutmann. The Dresdner Bank founding consortium consisted of Allgemeine Deutsche Creditanstalt (Leipzig), Berliner Handels-Gesellschaft (Berlin), Deutsche Vereinsbank (Frankfurt am Main), Deutsche Effecten- und Wechselbank (Frankfurt am Main) and Anglo-Deutsche Bank (Hamburg) with an initial capital of 8 million Thalers (24 million Marks) and 30 employees in Wilsdruffer Strasse in Dresden. From 1872 until his retirement in 1920, (1840-1925) was chairman of the board. In the 1870s, the Dresdner Bank acquired smaller regional institutes and several banks. The new branch in Berlin quickly exceeded the office in Dresden; therefore, the registered office moved to Ber ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stock Market Index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the primary criteria of an index are that it is ''investable'' and ''transparent'': The methods of its construction are specified. Investors can invest in a stock market index by buying an index fund, which are structured as either a mutual fund or an exchange-traded fund, and "track" an index. The difference between an index fund's performance and the index, if any, is called ''tracking error''. For a list of major stock market indices, see List of stock market indices. Types of indices by weighting method Stock market indices could be segmented by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight both covers the sam ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Largest Financial Services Companies By Revenue
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year in millions of U.S. dollars according to the Fortune Global 500. (Currently the top 50 public companies are included, while privately held companies are not included). 2021 2018 The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included). See also * List of largest manufacturing companies by revenue * List of largest oil and gas companies by revenue * List of largest employers in the United States * List of largest companies by revenue * List of public corporations by market capitalization * List of companies by profit and loss * Forbes Global 2000 * List of wealthiest organizations References fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |