Financial Times FT.com

Dresdner Kleinwort open to tie-ups

By Chris Hughes in London

Published: March 20 2008 02:00 | Last updated: March 20 2008 02:00

Dresdner Kleinwort, the corporate and investment banking unit of Germany's Dresdner Bank, could seek to raise capital from external partners, including financial institutions in the Middle East and China, following its separation from Dresdner's retail banking activities.

Dresdner, owned by Allianz, the German insurer, last week outlined a plan to establish its wholesale and retail banking activities as two separate entities owned by a holding company.

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