The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Banking > Banking - Europe > Landesbank Baden-Württemberg

Landesbank Baden-Württemberg
 PROFILE
Landesbank Baden-Württemberg (LBBW), created from the merger of Südwestdeutsche Landesbank, Landesgirokasse, and the commercial banking unit of Landeskreditbank, operates more than 200 branches and serves as the central bank to savings banks in the German state of Baden-Württemberg. The smaller banks (backed by local governments) own the central bank. LBBW handles large transactions (wholesale banking, financial securities, foreign exchange) too costly for the smaller state savings banks. LBBW also provides traditional retail banking, real estate and commercial loans, and portfolio management services. The central bank's subsidiaries offer leasing, factoring, venture capital, and equity financing services.

 COMPETITION
Deutsche Bank AG (DTBKY)
Dresdner Bank AG (DRSDY)
Bayerische Hypo- und Vereinsbank Aktiengesellschaft (HVM)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 15,523.70
1-Yr. Sales Growth: 9.8%
Employees: 9,463
Revenue per employee: $1,640,462.86

 KEY PEOPLE
• Werner Schmidt
    CEO
• Thomas Fischer
    CFO

 CONTACT INFO
Am Hauptbahnhof 2
D-70173 Stuttgart, Germany
Phone: 49-711-127-0
Fax: 49-711-127-3278
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001