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Commerzbank AG engages in the provision of commercial banking services. It operates through the following business segments: Private and Small-Business Customers, Corporate clients, Asset & Capital Recovery and Others and Consolidation. The Private and Small-Businesses Customers segment is comprised of universal bank services for private and small-business customers, online securities transactions and asset management. The Corporate Clients segment includes credit products and financing solutions for mid-size corporate clients, international corporations and financial institutions. The Asset & Capital Recovery segment handles the positions of portfolios in the areas of commercial real estate and ship finance, as well as complex financing from the public finance area. The Others and Consolidation segment is the staff, management and support functions of the company. The company was founded in 1870 and is headquartered in Frankfurt, Germany.