Bayerische Hypo- und Vereinsbank AG provides banking and financial services to private and corporate customers, as well as public-sector customers in Europe. The company’s divisions include: Retail; Wealth Management; Corporates & Commercial Real Estate Financing; and Markets & Investment Banking.
Retail division
The company provides a range of products and services for its homogenous customer groups. Its customers are divided into three groups within the Retail division: private customers, af...
Bayerische Hypo- und Vereinsbank AG provides banking and financial services to private and corporate customers, as well as public-sector customers in Europe. The company’s divisions include: Retail; Wealth Management; Corporates & Commercial Real Estate Financing; and Markets & Investment Banking.
Retail division
The company provides a range of products and services for its homogenous customer groups. Its customers are divided into three groups within the Retail division: private customers, affluents and business customers. For private customers, the company fouces on various market segments, maintaining a range of products tailored to cater for specific customer needs and (re-)activating the single product users among its customers. The Retail division serves around three million customers. Major subsidiaries allocated to this division include Bankhaus Neelmeyer and Vereinsbank Victoria Bauspar AG.
Wealth Management
The Wealth Management division consists of HVB Wealth Management (WEM), DAB bank, Wealth Management Capital Holding (WealthCap) and the private banking activities of HVB Banque Luxembourg. HVB Wealth Management (WEM) provides holistic, customised and competent advisory services for customers and customer groups and the Family Office caters for groups of families with complex estates.
In 2007, Wealth Management encompassed Wealth Management Sales of HVB AG (WEM) for wealthy customers in Germany, private banking operations and family trust management in Luxembourg, the activities of the DAB banking group and activities involving participating interests through Wealth Management Capital Holding.
Corporates & Commercial Real Estate Financing
The company’s product range include tool-based analysis and advisory instruments, cash management, finance, trade finance, derivatives, structured finance, especially PPP, derivatives, asset management products, classical property finance, including interest rate hedging, structured loans and syndication, portfolio transactions, and real estate M&A.
In its corporate banking operations, the company focuses on the needs of its approximately 70,000 customers: supporting their cross-border expansion; helping them with new forms of finance and financial risk management and opening them up to the capital market. The corporate banking business provides various relationship models based on different customer requirements. It has relationship models for major caps, mid caps, small caps and the public sector. Major subsidiaries allocated to this division include HVB Banque Luxembourg, which is assigned to various divisions, and HVB Leasing GmbH.
Markets & Investment Banking Division (MIB)
MIB is divided into various organisational units: the Markets area consisting all trading, structuring and distribution activities; the Investment Banking area combines coverage and origination-based business, as well as financing and loan syndication; principal Investments is the global competence centre for proprietary investments in alternative assets; and MIB Market and Credit Risks manages divisional credit risk underwriting, market risk, risk reporting and policies, and collateral management.
Major subsidiaries allocated to this division include HVB Banque Luxembourg, which is assigned to various divisions, HVB Global Assets, HVB Capital Asia, Ltd., HVB Capital Partners AG and HVB Structured Invest S.A.
In June 2007, MIB established a third business area: Principal Investments (PI). This area bundles the company’s proprietary investment activities in alternative assets.
Other division
The Global Banking Services (GBS) include Information Technology, organisation, purchasing, logistics and facility management, as well as backoffice functions for loans, accounts, payments and securities handling.