Business Divisions

Sal. Oppenheim will be aiming to expand its market position as an investment bank for SMEs in the German-speaking world in financial year 2007. We also aim to strengthen our position as an independent alternative to global investment banks at an international level, too. The Bank's placement power and expertise in European equities will be sustainably enhanced by the establishment of sales locations in Paris and Vienna. Sal. Oppenheim will be inviting more than 2,000 of the world's major institutional investors to ten planned conferences and around 500 investor events.

A total of 20 to 25 expected IPOs in the Prime Standard of the Frankfurt Stock Exchange, the introduction of REITs, the continued strength expected in M&A activities and the prospect of a high number of advisory mandates give us reason to be optimistic for 2007.