Dresdner Bank Moves Forward With Subsidiary In Monaco

Dresdner Bank Monaco SAM officially opened its doors to customers Monday, providing personalized asset management services to high net worth clients. The Monacan subsidiary, the bank says, is part of Dresdner Bank's expansion of its private wealth management business. "We

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Dresdner Bank Monaco SAM officially opened its doors to customers Monday, providing personalized asset management services to high net worth clients.

The Monacan subsidiary, the bank says, is part of Dresdner Bank’s expansion of its private wealth management business.

“We see excellent opportunities to do business in Monaco,” says Andreas Georgi, a managing director for Dresdner Bank. “The principality is developing into a center for professional asset management and is attracting wealthy clients from all over Europe. And it is already an attractive financial and business location today.”

Dresdner Bank Monaco will target clients in f Monaco itself but will also target the rapidly growing Mediterranean region surrounding the country.

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