As of May 11, 2009, Dresdner Bank AG was acquired by Commerzbank AG. Dresdner Bank AG, together with its subsidiaries, operates as a commercial bank primarily in Germany, other parts of Europe, North America, Latin America, and the Asia/Pacific. It offers a range of banking products and financial services, including loans and deposits, securities and custody services, payment transactions, and trading and capital market services, as well as s life, health, and non-life insurance products to private, corporate, and institutional customers. The bank's Private & Corporate Clients division offers private clients with personalized financial solutions comprising products for asset accumulation, financing, retirement provision, and insurance; individual asset management for high net worth private clients, such as retirement provision, financing concepts, and financial and asset planning; and advice on personal and business finances for business clients.