
Bayerische Hypo- und Vereinsbank Aktiengesellschaft (commonly referred to as HypoVereinsbank or HVB) is the second-largest private German financial institution and is the second-largest German retail bank, with a strong presence in Bavaria. The company is based in Munich, and together with Deutsche Bank, Dresdner Bank, Commerzbank and Deutsche Postbank, it belongs to the Cash Group. The spokesman for the executive board is Wolfgang Sprißler. The banking group employs approximately 25,000 employees and operates approximately 750 subbranches and has more than 8.5 million clients. The bank's business focuses on Germany.
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