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  September 5, 2001
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Home > Company Index > Financial Services > Investment Banking & Brokerage > Comdirect Bank AG

Comdirect Bank AG
 PROFILE
Comdirect Bank brings online trading directly to the German public. The company boasts some 500,000 accounts (more accounts than any other online brokerage firm serving Germany). Comdirect Bank offers trading services over the Internet and by telephone; it also provides research and information services to assist its self-directed trading clients in buying and selling stocks. In addition to its operations in Germany and France, Comdirect Bank plans to use proceeds from its IPO to expand into the UK and Italy. Comdirect Bank was spun off from Germany's #4 bank, Commerzbank, which owns about 60% of the company; Internet service provider T-Online International owns about 20%.

 COMPETITION
ConSors Discount-Broker AG (CSO)
Deutsche Bank AG (DTBKY)

 KEY PEOPLE
• Bernt Weber
    CEO

 CONTACT INFO
Pascalkehroe 15
25451 Quickborn, Germany
Phone: 49-4106-7040
Fax: 49-4106-1150
Online: Web Site

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