Commerzbank is Germany's third-largest private-sector bank with more than Euro444.9 billion in total assets as of Dec 31 2005. Co.'s domestic operations include a network of over 800 branches. Internationally, Co.'s activities are concentrated in Europe and other key markets, including the U.S. Co. operates in two divisions: retail banking and asset management, and corporate and investment banking. Retail banking and asset management includes credit operations, asset management, private banking and retail banking. Corporate and investment banking includes corporate banking, financial institutions, global credit operations, multinational operations, real estate and securities.