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DAB bank AG

(German:DRN)
Contact Information
DAB bank AG
Landsberger Strasse 428
D-80687 Munich, Germany
Tel. +49-89-50-06-80
Fax +49-89-50-06-8630

Type: Public
On the web: http://www.dab-bank.de
Employees: 646
Employee growth: (4.3%)

DAB bank AG does more than just DABble in the financial world. Formerly known as Direkt Anlage Bank, the discount brokerage and bank provides stock trading services online and via telephone to investors in traditionally equity-phobic Germany. In contrast to other online brokerages, DAB bank also sells such traditional banking products as mutual funds and savings accounts. HypoVereinsbank (Germany's #2 bank after Deutsche Bank) owns about 76% of DAB bank.

Key numbers for fiscal year ending December, 2006:
Sales: $227.1M
One year growth: (18.8%)
Net income: $29.0M
Income growth: 124.5%

Officers:
General Manager: Alexander Freiherr von Uslar-Gleichen
General Manager, Operations: Jens Hagemann
General Manager, Information Technology: Matthias Sohler

Competitors:
Comdirect
Cortal Consors
E*TRADE Financial

 
 
 

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