Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Cum-ex tax investigation involving legacy Dresdner trades
German prosecutors and other authorities investigated alleged tax evasion through dividend-stripping transactions. The inquiry included trades conducted at Dresdner Bank in 2008 before its absorption by Commerzbank.
1941
Financing and support for the Nazi occupation system
Historical accounts describe Dresdner Bank as closely connected to the SS and involved in financing concentration camps, including Auschwitz, as well as economic exploitation in occupied Poland and elsewhere.
1939
Banking operations in occupied Europe
Dresdner Bank and its subsidiaries expanded across territories occupied or controlled by Nazi Germany, taking over or controlling banks and directing resources toward the German war economy.
1933
Nazi-era purge and Aryanization
After the Nazi seizure of power, Dresdner Bank dismissed its Jewish employees and directors, removed its association with founder Eugen Gutmann, and participated in the forced transfer of Jewish businesses and assets.