Overview of the financial year 2008

  • Net income/(loss) for the period of € -117 million
  • Shareholders resolve capital increase of € 200 million to strengthen equity
  • Assets under management of € 132 billion
  • Acquisition of domiciliation business from Mercuria Services S.A., Luxembourg
  • Bundling the Private Equity investment offering in Sal. Oppenheim Private Equity Partners GmbH
  • First place in Berlin FUCHSBRIEFE report for advisory service to foundations awarded to Sal. Oppenheim jr. & Cie. and Oppenheim Vermögenstreuhand GmbH
  • Private banking advisory service quality award in the Elite Report 2009
  • Oppenheim Fonds Trust GmbH placed top for the first time in Capital magazine’s annual ranking of investment companies
  • Fifth place in Thomson Reuters M&A League Tables 2008 by number of transactions announced with german participation
  • Spin-off of the investments in ARCANDOR Aktiengesellschaft, IVG Immobilien AG and Sal. Oppenheim Private Equity Partners GmbH into an independent company newly formed by the Bank’s owners