// Workers AI · dad joke modeWhat did WGZ Bank say to the customer? "We've got your back account
 | You can help expand this article with text translated from the corresponding article in German. (August 2016) Click [show] for important translation instructions.
|
The WGZ Bank (officially WGZ BANK AG Westdeutsche Genossenschafts-Zentralbank) was the umbrella organization of some 230 cooperative financial institutions in the Rhineland and in Westphalia.
Based in Düsseldorf, the company offers long-term real estate loans, services for the international currency financing business with member banks, and investment analysis and asset management services for private clients, as well as custodian for a number of funds in Luxembourg.[1] As a wholesale bank, it acts as a trading partner in currency, foreign exchange, and capital markets, as well as in bond issuing and syndications.[2]
From 2011 WGZ Bank and DZ Bank merged their private banking businesses based in Luxembourg to further strengthen their operations in Germany.[3]
In 2016, WGZ Bank was merged into DZ Bank, the central institute of co-operative banks in all other parts of Germany.[4]
See also
[edit]References
[edit]- ↑ "WGZ BANK AG Westdeutsche Genossenschafts-Zentralbank: Private Company Information". BusinessWeek. 2011. Archived from the original on October 11, 2012. Retrieved 17 March 2011.
- ↑ "WGZ BANK AG – Company profile". Wealth Briefing. Hoover's. 2011. Retrieved 17 March 2011.
- ↑ "German Banks To Merge Private Banking Businesses, Plan Regional Expansion". Wealth Briefing. 2011. Retrieved 14 July 2011.
- ↑ "DZ BANK's AGM: shareholders vote in favour of merger with WGZ BANK" (Press release). DZ Bank. 22 June 2016. Retrieved 1 August 2016.
51°13′11″N 6°47′51″E / 51.2196°N 6.7976°E
| International | |
|---|---|
| National | |
| Other | |
 | This German bank or insurance-related article is a stub. You can help Wikipedia by adding missing information. |
- Cooperative banks of Germany
- Defunct banks of Germany
- Companies based in Düsseldorf
- Banks established in 1884
- Banks disestablished in 2016
- German companies established in 1884
- German companies disestablished in 2016
- 2016 mergers and acquisitions
- Banks under direct supervision of the European Central Bank
- German company stubs
- European bank stubs